Sintered Corundum Market is Not Optimistic

In July, 2014, China domestic sintered corundum keeps stable, sintered corundum with over 99% aluminum oxide mainstream quoted price with tax is around 5,300 to 5,600 Yuan per ton. corundum micro powder mainstream quoted price with tax is 5,400 to 5,800 Yuan per ton. Despite the fact that sintered corundum manufacturers quoted price has been stable, in real transaction, the price is much lower than quoted price. sintered corundum with over 99% aluminum oxide mainstream deal price with tax is around 5,000 to 5,200 Yuan per ton, while corundum micro powder mainstream deal price with tax is 5,200 to 5,400 Yuan per ton.

According to iAbrasive, sintered corundum market is not optimistic during the first half of 2014. Steel enterprises output substantial reduction has greatly impacted sintered corundum market. Although overall quoted price of most enterprises remain unchanged, actual deal price has seen an obvious decline, which is an unwilling adjustment of sintered corundum market.

As to raw material, China sintered corundum manufacturers use aluminum oxide exporting from Australia. In early July, Australia-made aluminum oxide market was around 2,500 to 2,600 Yuan per ton, individual companies slight adjustment has little influence on overall sintered corundum market.