Forecast of white fused alumina abrasive material
Recently in China, many provinces cancel the restriction method of Covid-19. So the market is optimized for economic recovery. Many white-fused alumina abrasive material manufacturers are expecting increased demand for this material. In the past week, the raw material of WFA increased by about 8 USD per ton. Here is the forecast of white fused alumina this month.
The fourth quarter is always the busiest season for WFA suppliers. Users from abroad make purchase plans for the next year. And suppliers are willing to squeeze profit to get a higher annular output. It’s easy to get a deal before the Chinese new year. But in 2022, the production capacity is very low for the lockdown in Henan and Shangdong Province. Demand from the local market is low as well. So some analysts estimate the market will be active after the unlock.
Before the Chinese new year, the price of white fused alumina will get a little higher to meet the recovered local demand and overseas orders. The fields of surface treatment, refractory, and the smartphone will distribute to the demands.