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In early April, the market for Henan white corundum remained stable, with the mainstream price of Henan white corundum segment sand ranging from 5200 to 5300 yuan/ton and the price of white corundum fine powder ranging from 5300 to 5400 yuan/ton.
The sales of Henan white corundum market are still sluggish, mainly due to long-term weak downstream demand, which cannot fully consume the current production volume. Therefore, many production enterprises in Henan do not have a large inventory. Most white corundum enterprises maintain inventory levels below 200 tons, and even some enterprises do not keep inventory for sale. Large scale enterprises are also experiencing a gradual decrease in inventory due to the weakening of downstream demand.
The white corundum market not only has limited domestic demand, but also the export of white corundum has not been satisfactory since the beginning of this year. Some manufacturing companies have stated that they have not received any foreign orders as of now. Domestic traders have also reported that the demand for white corundum in the current international market is also on a downward trend, which is not significantly different from the domestic market. Therefore, production enterprises should also pay more attention to maintaining production volume to avoid causing significant financial problems and inability to turnover.