China Abrasive Materials Weekly Price (6th -12th May): Alumina prices rebounded sharply
- JCT Abrasives
- May 14, 2019
- 2 min read
This week, due to the recent increase in raw material alumina prices by 14.5 USD / ton, some white fused alumina production companies in China will raise the price of 7.3-14.5 USD / ton, but the current market turnover is less. In addition, some white fused alumina smelting enterprises in Henan Province recently received environmental protection notices, indicating that the Central Environmental Inspection Team will be stationed for inspection, and some enterprises may stop production in the short term. Based on environmental inspections and rising raw material prices, it is expected that the price of white fused alumina will rise in the coming week.
This week, although the price of graphite electrodes fell, all the cost pressures of brown fused alumina smelting enterprises were alleviated. However, the overall production cost of China's brown fused alumina enterprises is still under pressure due to the rising cost of electricity for integrated enterprises and the difficulty in purchasing smelting of bauxite. In addition, the current brown fused alumina enterprises have no inventory pressure. If the downstream demand improves, it is expected that the market price of brown corundum will still have a rising momentum.
3. Black Silicon Carbide
This week, China's black silicon carbide price was slightly lowered by 29 USD / ton. At present, the supply of black silicon carbide in China has basically met the market demand. Due to the weak market demand, enterprise inventory is slowly growing.
In addition, in the past two months, news of the resumption of production of black silicon carbide producers in Inner Mongolia, Yongdeng, Tianzhu and other regions in Gansu, the future market supply may further increase. It is expected that China's black silicon carbide market will be weak and stable in the coming week.
4. Green Silicon Carbide
This week, the price of China's green silicon carbide market is stable. As a production company in Xinjiang resumes production of green silicon carbide, the market supply shortage has been partially alleviated, but in the short term, green silicon carbide prices will remain firm.
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