China Abrasive Materials Weekly Price (7-14 June): The price of abrasives stabilizes at a high level
This week, the raw material alumina price continued to rise slightly, but the increase slowed down during the Dragon Boat Festival. Therefore, the price of white fused alumina in China has temporarily remained stable after the previous increase. It is expected that in the coming week, due to the tight supply in the current market, the price of white fused alumina may rise further.
Brown fused alumina price may have basically stabilized after the adjustment at the beginning of June. It is expected that in the coming week, supported by factors such as "high production costs" and "low inventory", brown fused alumina prices may remain stable hold firm.
This week, due to weak downstream demand, although black silicon carbide continue to bear the cost pressure brought about by rising raw material prices, the rise in product prices has always faced greater resistance. It is expected that in the coming week, the price of black silicon carbide may remain firm and show a slight upward trend.
Due to the continuous increase in the price of green silicon carbide raw blocks in the early stage, most green silicon carbide manufacturers may inevitably increase the product quotations accordingly. It is expected that in the coming week, the prices of green silicon carbide macro grist and micro-powders may continue to maintain a steady-to-strong trend.