China Sintered Corundum Market Analysis in July

In early July, China domestic sintered aluminum oxide keeps a temporary stable trend, corundum mainstream tax quotes with over 99% fused alumina is around RMB5,300 to 5,600 per ton, corundum micro powder mainstream tax quote is about RMB5,400 to 5,800 per ton. Despite the fact that sintered aluminum oxide manufacturers have been keeping a stable quote, in actual deal, the price is much lower than current market quotes: corundum factory price with tax quote with over 99% fused alumina is around RMB5000 to 5200 per ton, micro powder factory price with tax quote is RMB5200 to 5400 per ton.

iAbrasive has learned that sintered aluminum oxide market was not optimistic, iron and steel companies have reduced production substantially, which was a great shock to sintered aluminum oxide market. Although most part of companies make no change to overall quotes, actual deal price has seen an obvious decline. This is the unavoidable result based on current market situation.

In raw materials, China sintered aluminum oxide production most adopts imported aluminum oxide made in Australia. Earlier this month, aluminum oxide market keeps stable: port spot price is RMB2,500 to 2,600 per ton. Individual adjustment has little impact on sintered aluminum oxide market.

See more Chinese aluminum oxide suppliers at: http://www.iabrasive.com/suppliers/aluminum-oxide.