Some Brown Fused Aluminum Oxide and White Fused Aluminum Oxide have decided to take vacations in advance, and then decide on the date of resumption depending on market conditions.
Starting on December 19, Zhengzhou adjusted the orange warning (level II response) of the severely polluted weather to the red warning (level I response). The red alert will last at least until December 25th. It is expected that the local brown corundum and white corundum plants can only resume normal production at end of the month.
In addition, according to industry sources: a part of plants have stopped produced and some can only produce a small quantity due to environmental management, the inventory has almost bottomed out; and due to sluggish end market demand and customers Price-purchasing has reduced the enthusiasm of enterprises for production. Some companies have decided to take vacations in advance, and then decide on the date of resumption depending on market conditions.
Generally speaking, in order to avoid the backlog of inventories, brown corundum abrasives companies currently mostly sell production. In addition, with the reduction of enterprise inventory pressure, the price of brown corundum abrasives is supported by costs, and there may be no room for decline in a short period of time.
