China Abrasive Materials Weekly Price (6-12 NOV): White fused alumina price rebounded
Driven by the continuous rise in raw material alumina prices, the price of white fused alumina has rebounded slightly. However, the current white fused alumina market is still weak, and the recent price increase is mainly affected by the rising cost of raw materials. It is expected that in the coming week, China's white fused alumina price will continue to run stable.
Since November, due to the impact of environmental protection, raw bauxite mining and production has been restricted in some areas. In addition, with the heating season is around, natural gas supply is becoming tight, which will cause some kilns to stop operation, leading to the further decline in high-grade calcined bauxite production. Supported by the cost, brown fused alumina prices also remain firm, and some manufactures are considering a small increase in product prices.
Given the still weak downstream market demand, it is expected that, China's black silicon carbide market demand may be difficult to have a significant improvement in the short term. It is expected that in the coming week, black silicon carbide prices may continue to run stable.
With the slow recovery of market demand, most green silicon carbide enterprises have chosen to stabilize the price, and supported by the cost, China's green silicon carbide prices may continue to remain stable.