China Abrasive Materials Weekly Price (7-13 AUG): Market sees an uptick in white fused alumina price
This week, raw material alumina prices continued to rise slightly. Supported by this, white fused alumina market has seen an uptick in quotations, and low offers have decreased. It is expected that in the coming week, China's white fused alumina prices may continue to run strong.
Due to the advantage of nighttime electricity price, brown corundum smelting enterprises in Qingzhen, which is a brown fused alumina production hub in Guizhou Province, started to resume production in August, but still in a low operation load.
At present, affected by the generally weak demand, it is difficult for brown fused alumina abrasive prices to be adjusted upward in the short term. But by strong support of production costs, it is expected that in the coming week, brown fused alumina market will continue to run steadily.
Little change has occurred in the supply of China's black silicon carbide market, but supported by the production cost, the gap between the offer prices is gradually narrowing. It is expected that the price of black silicon carbide in China may run stably in the coming week.
Affected by the weak demand, China's green silicon carbide prices continued to run weakly and steadily this week.