Bulk Refractory Raw Materials Market Analysis, April 2025

May 06,2025

In April, corundum benchmark price continued to decline slightly, other bulk raw materials market changes are not obvious, to weak and stable operation. The United States “reciprocal tariffs” policy in the short term on China's refractory raw materials market impact is limited, the bulk of raw materials have been included in the exemption list.

 

[Corundum] Corundum prices stabilized after the drop

Industrial alumina prices continue to fall, has fallen below the average cost line, the willingness of the stockholders to support the price of sales increased, so that the industrial alumina to stop the decline of a small rebound. Affected by it, white corundum, sintered corundum cost downward, prices stabilized after the downward adjustment.

Despite the cost support, white corundum prices slipped, giving users more choices, brown corundum enterprise prices forced down, and then began to run weakly and steadily.

 

[Bauxite] Ore Supply Problems Unsolved

Shanxi Xiangwang mine shutdown, the rest of the mine supply is limited, the grade is not high, the price is high, the ore supply problem is difficult to solve. Although the government to accelerate the promotion of domestic bauxite resources to increase reserves on the production, to 2027 strive to domestic bauxite resources growth of 3-5%, but alumina enterprises more supporting bauxite mines, and refractory bauxite is not, bauxite enterprises looking around for ore. april, bauxite is still in the high price of ore to support the market, the market is weak in the game of demand through.

 

[Scaled graphite] Market may be further pressurized 

In April, the flake graphite market basically remained stable, with a few pre-high quotes shifting down in gravity. Only a few large-scale producers in Luobei and Jixi areas keep production, and a few enterprises are ready to start. As the weather warms up, the production capacity will be gradually released, the supply of flake graphite may grow, but the downstream demand has not improved significantly, the flake graphite market may be further pressurized.

 

[Magnesia] Weak demand for magnesia is weak and stable

Magnesium sand market is in the stage of low demand, and buyers with the use of mining, no longer a large number of stockpiling, resulting in magnesium sand enterprises appear inventory. At present, whether it is electrofusion magnesium sand or sintered magnesium sand enterprises have production stoppage, and by the end-user price pressure, the price has the possibility of further decline.

 

[Silicon carbide] Silicon carbide market is weak and stable

Silicon carbide supply is abundant, demand is weak, supplier competition is fierce, the previous higher offer has fallen. Affected by the U.S.-China trade war, the U.S. imported petroleum coke prices are facing double growth, some manufacturers will no longer use U.S. petroleum coke. At present, enterprises still have raw material inventory, but weak market demand hindered the rebound of silicon carbide prices, some silicon carbide enterprises due to poor sales and low profits choose to temporarily suspend production.

 

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