China Abrasive Materials Weekly Price (9-15 MAY): Regular epidemic prevention and control enhanced
This week, China's alumina prices continue to run steadily, most white corundum enterprises hold product prices firm. It is expected that in the coming week, white fused alumina prices will be stable.
The downstream demand for brown fused alumina is still weak during this week, while the raw ore supply shortage and rising production costs are still the key factors to maintain stable prices of brown corundum. It is expected that in the coming week, affected by public health events in China, the downstream abrasives industry demand release slowly, so some brown fused alumina enterprises may slow down the production rhythm or cut down the production. China's brown fused alumina prices is estimated to run steadily in the short term.
Supported by strong production costs, China's black silicon carbide prices are stable this week. It is expected that in the coming week, with the gradual recovery of downstream demand, the price of black silicon carbide will also run steadily.
This week, most of China's green silicon carbide manufacturers raised their product price due to the increase in raw block prices, which has been increased by about 500 yuan/ton from the end of April. It is expected that in the coming week, as the original block price is still expected to rise, the green silicon carbide price may continue to rise due to the growth of production costs.