China Abrasive Materials Weekly Price (7-13 FEB): White fused alumina leads the price after holliday
According to Antaike research: as of February 11, 2022, China's alumina spot index was RMB 3285 /ton, the national average alumina price was RMB 3421/ton, and alumina prices continued to rise. Compared with before the Spring Festival, the current alumina price has risen by about RMB 200/ton.
After the Spring Festival, the market gradually recovered, and enterprises resumed production in succession. This week, affected by the continuous rise in the price of raw material alumina, some white fused alumina manufacturers in Shandong and Henan Province have successively raised their product quotations by about RMB 100/ton. It is reported that since the Spring Festival holiday, the price of alumina in China has continued to rise, which has played an important supporting role in the price of white corundum. It is expected that in the coming week, as the price of raw material alumina rebounds, the price of white fused alumina may continue to rise.
In the first week of resumption of work after the Spring Festival holiday, brown fused alumina enterprises in Guizhou Province are in a positive mood to resume production, while brown fused alumina enterprises in Shanxi Province are affected by environmental protection control, and some factories continue to limit production. Henan area is the most strictly controlled, and brown fused alumina enterprises basically suspend production. It is expected that in the next week, as downstream abrasive enterprises resume production and market demand may continue to pick up, the price of brown fused alumina will run strongly.
This week, due to sluggish market demand, the price of black silicon carbide has been running weakly and steadily. Most manufacturers are trying to maintain product price stability in view of firm production costs. It is expected that in the coming week, black silicon carbide market may continue to operate weakly and steadily, or a few manufacturers may cut prices slightly to promote sales.
This week, the price of green silicon carbide remained stable due to multiple factors such as the shutdown of enterprises in winter and the support of raw block prices.