China Abrasive Materials Weekly Price (24th Feb-1st Mar): Prices Of Raw Materials Go Up
This week, the price of alumina in China continued to rise, and the market price of white fused alumina again rose slightly by nearly RMB 50/ ton.
However, given that some market insiders predict that the price of alumina may be near the top, it is unlikely that it will continue to rise. It is expected that the price of white fused alumina will remain firm in the coming week.
This week, affected by factors such as epidemic control and tight supply of raw bauxite, most domestic smelted bauxite smelting enterprises are still unable to continue normal production, and the spot market supply of cooked bauxite is still tight, and some companies are willing to raise prices.
In addition, as domestic logistics gradually recovered, brown fused alumina market turnover increased. However, most production companies tend to maintain the original price to view the market. It is expected that the price of China's brown fused alumina will remain stable in the coming week.
3. Black Silicon Carbide
This week, due to the continuous resumption of production of black silicon carbide granulation enterprises, the market for black silicon carbide grain sand in China increased. The price of the black silicon carbide raw block was stabilized by the cost of anthracite, and the price of black silicon carbide grain sand remained unchanged.
4. Green Silicon Carbide
This week, with the gradual increase in the number of companies that have resumed work and production downstream in the industry, the market continues to show signs of recovery. Although the price of raw petroleum coke has shown signs of rising, it has little effect on recent market transactions. It is expected that the price of green silicon carbide grain sand and fine powder will remain stable in the coming week.
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