China Abrasive Materials Weekly Price (7-9th Sep): Environmental pressure may continue to strengthen
This week, due to the downward adjustment of the raw material alumina price, the domestic white fused alumina price has also been slightly reduced by about RMB 50/ton. Despite the decline in domestic market prices, considering the risk of exchange rate fluctuations, the export price of white fused alumina did not decrease accordingly. Enterprises also tend to stabilize prices. It is expected that in the coming week, if alumina prices continue to fall, China's white fused alumina prices may be weak and stable.
This week, the operating rate of brown fused alumina production enterprises in China remained at a relatively low level. Meanwhile, the supply of brown fused alumina remained stable at a low level. It is expected that in the coming week, supported by solid production costs, brown fused alumina prices may continue to hold firm in China.
This week, market demand has recovered slowly, and the transaction performance of China's black silicon carbide market is stable. It is expected that the price of black silicon carbide in will continue to remain stable in the next week. However, some industry professionals expect that as corporate inventories decline, black silicon carbide prices may rise slightly by about RMB 50/ton.
This week, the domestic green silicon carbide market has a stable transaction performance, and manufacturers have no intention to adjust product prices, and product prices may remain stable.