Market analysis of bulk refractory raw materials in July 2024

【Corundum】Brown Corundum、White Corundum、Sintered Corundum is temporarily stable

    Affected by factors such as bauxite procurement difficulties and rising electricity prices, the smelting cost of Brown Corundum remains high, but the cost transmission is not smooth, resulting in low production enthusiasm of Brown Corundum smelting enterprises, an increase in the number of enterprises that have stopped production, and the supply of lump materials is becoming more and more tight. However, due to weak demand, the Brown Corundum market will remain stable.

【Flake Graphite】 Flake Graphite stabilized

     After several rounds of price decline, the market price of flake graphite is close to the cost line, and the possibility of falling again in the later period is small, and the Flake Graphite market has begun to stabilize and operate.

【Magnesia】The electric fusion and Sintered Magnesia market is stable

     The rise in magnesite ore prices and electricity charges has brought rising opportunities to the fused magnesia and sintered magnesia markets, but the downstream demand has not kept up, so the price of fused magnesia has started a stable operation trend after the rise in June. At present, the production cost of fused magnesia is facing the dilemma of high cost and low profit.        

   In order to reduce losses, the enterprise was forced to stop production.As the vane of the sintered magnesia industry, Houying Group, Haicheng Magnesia and other leading enterprises, the price of sintered magnesia remains stable, so the sintered magnesia market is temporarily stable.The Liaoning Provincial Government has a strong determination to integrate magnesite resources, although the market price is not easy to rise, with the consumption of total inventory, the future magnesia market is still go up.

【Bauxite】Bauxite prices have risen

   Shanxi bauxite enterprises raised the price of 80 and 85 bauxite by about 50 yuan/ton. The tight ore supply is further exacerbated by the limited amount of bauxite mined and the continued depletion of ore stocks. Affected by this, some calcined bauxite manufacturers have been in a state of suspension or semi-shutdown.

     Henan ore has also been in a tight supply, and there have been news of mine resumption in Henan before, but the progress of resumption of mining is not obvious; In order to ensure the stable supply of local ore, the Guizhou government has strengthened the control of mining and the outflow of raw ore resources has also been controlled to a certain extent.The shortage of ore supply has not been effectively improved, and it is expected that bauxite prices may still rise in the later period.

【Silicon Carbide】Silicon Carbide operating rates declined

     Although the overall production cost of silicon carbide is stable, the demand is sluggish, some companies have lowered their ex-factory quotations, and the operating rate of production enterprises has declined.

Contribution: Silver Neilian