China Abrasive Materials Weekly Price (21-27 AUG): Overseas market shows a recovery sign
Recently, the price of raw material alumina has been raised due to the dual effect of the cutting in supply side and increasing demand of resumption of production in electrolytic aluminum refinery industry. In addition, overseas market is showing a recovery sign for white fused alumina, the confidence of the production enterprises is thus boosted. It is expected that in the coming week, supported by high raw material alumina prices, China's white fused alumina prices may continue to run strong.
This week, strongly supported by production costs, China's brown corundum market may continue to run stable.
The recent improvement in overseas demand of black silicon carbide has stabilized the market price, and it is expected that the price may continue to run stable.
This week, supported by the cost, China's green silicon carbide prices remained stable.
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