China Abrasive Materials Weekly Price (11-17 DEC): Cold waves have affected the transport
According to Antaike data, as of December 15, 2023, China's alumina spot index is 3000 yuan per ton, the national average price of alumina is 3189 yuan per ton, with alumina prices running smoothly. However, since the heavy snow spread in the northern parts of China, leading to the traffic control. Shipping rates in Shandong, Henan and other regions have rose and the supply side has potential risk of production cuts.
This week, the supply of high-grade bauxite and calcined bauxite is tightening, although the price is still firm, brown corundum enterprises intend to further increase the price under the cost pressure. It is expected that in the coming week, China's brown fused alumina prices will be in strong operation.
Prices of petroleum coke and anthracite continue to run weakly. It is expected that in the coming week, China's coke futures spot prices or continue to weaken, and black silicon carbide and green silicon carbide prices may continue to run weak and stable.
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