China Abrasive Materials Weekly Price (13-19 NOV): Demand continues to rise steadily
Since the beginning of November, alumina smelters in Yunnan Province, the fourth-largest aluminium-producing region in China, have begun to cut the production due to the hydropower pinch. The production cut is estimated to be by 20% of the capacity.
Driven by the tight supply of bauxite and environmental protection regulations in winter, alumina price may face potential turbulence ahead. Supported by the cost of raw materials, China's white fused alumina prices may continue to run stable.
This week, bauxite enterprises in Shanxi Province have basically resumed normal production and shipping after environmental protection inspection. In the short term, and chances of significant changes in the market have been low, and it is expected that the market will be mainly stabilized. Supported by the cost, China's brown fused alumina prices may also remain firm.
As the downstream market demand improves this week, China's black silicon carbide prices may continue to run stable.
This week, with the slow recovery of market demand, most green silicon carbide enterprises stabilize the market. Supported by the cost, green silicon carbide prices may continue to run stable.
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