The price trend of fused aluminum oxide both white and brown are going week and steady.
White fused aluminum oxide :
Last week, the white fused aluminum oxide market fluctuated weakly. By July 15, the price of white fused aluminum oxide from Shandong is about 770 USD/ton. From Henan the price 780 USD/ton. The above are the factory EXW prices.
This week,the demand of white fused aluminum oxide market was still flat. The production enthusiasm of white corundum enterprises was not high, and they mainly are selling stock goods. Some white fused aluminum oxide manufactures compressed their profits to maintain market share. It is expected that the white aluminum oxide market will continue to run steadily and weakly in the short term.
Brown fused aluminum oxide : sales are week, supply continues to decrease
Last week, the brown fused aluminum oxide market continued to run weakly and steadily. By July 15, the price of the dumped furnace brown fused aluminum oxide was 830 USD/ton in Henan. In Shanxi,the price quote is 830 USD/ton as well. In Guizhou, the price is 820USD/ton. Those prices are all EXW prices.
One one hand, the capacity utilization rate of domestic brown corundum smelting furnaces continued to decline. However, the rate of decline narrowed. On the other hand, 39 blast furnaces in the sample companies are under maintenance by July 13th. The sluggish demand for refractory materials is difficult to improve in the short term, and the pressure of supplier sales competition is great. After the price is lowered, there is no obvious improvement in shipments. In view of the high cost support , it is expected that the brown fused aluminum oxide market may be weak and stable in the short term.
