China Abrasive Materials Weekly Price (16-22 Nov): Price of silicon carbide price is rising
This week, due to stricter environmental control, most white fused alumina production factories in Henan Province have stopped production since mid-November. However, as the market still has inventory to be consumed, the price of white fused alumina remains unchanged for the time being. It is expected that the price of white fused alumina in China may remain stable in the coming week.
This week, the number of brown fused alumina smelting furnaces in Henan showed a further decreasing trend. With the recent tightening of environmental protection inspections, some local companies have mostly suspended production due to incomplete environmental protection procedures. As the inventories of brown fused alumina have shown an overall downward trend, it is expected that in the coming week, China's brown fused alumina price may hold firm.
This week, as the prices of raw materials such as petroleum coke and anthracite continue to rise, the production costs of black silicon carbide continue to increase, suppliers have to raise prices to maintain profits. Considering that the price of anthracite coal is still on the rise in the near future, black silicon carbide manufacturers are considering continuing to increase prices. It is expected that the price of black silicon carbide in China may continue to rise in the coming week.
This week, due to the rising price of raw material petroleum coke, some green silicon carbide manufacturers intend to increase product prices. It is reported that the price of pet coke has doubled since the beginning of this year, so green silicon carbide companies have to raise prices to maintain profits. It is expected that in the coming week, the price of green silicon carbide in China may tend to rise.
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