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ABOUTLuoyang Boju Metallurgical Auxiliary Materials Co., Ltd. is located in Luoyang, the ancient capital of the nine dynasties, and is adjacent to the scenic Longmen Grottoes, close to the expressway and...
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PRODUCTCarbon-containing refractory series-magnesium carbon brick, aluminum magnesium carbon brick, aluminum magnesium spinel carbon brick, carbonless brick, sliding nozzle, etc. Bottom dry...
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APPLICATIONThe company is committed to long-term development, continuous technological innovation, to meet customer needs, and provide various refractory products for the steel, electric power, chemical...
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SERVICEAdhere to the quality policy of "focus, efficiency and excellence", and is willing to cooperate sincerely with new and old customers to create brilliant!
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CAREERSAdhere to the quality policy of "focus, efficiency and excellence", and is willing to cooperate sincerely with new and old customers to create brilliant!
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CONTACTLuoyang Boju Group Co., Ltd. is a high-tech enterprise with subsidiaries of Luoyang Boju Metallurgy Auxiliary Materials Co., Ltd., Yichuan County Xingyuan Metallurgy Furnace Burden Co., Ltd., Luoyang Boju Properties Co., Ltd.
Stable South Korea Brown Corundum Market Demand
Release time：
2020-01-08 19:24
source：
【Summary description】
South Korea refractory market has stable requirement on brown corundum. Although the purchase quantity in June reduces, the purchase will recover in July.The principal at a trading company in South Korea disclosed that the order in June is stable, but the price of Chinese suppliers this month reduces, so their purchase reduces 50%. “We’ve been informed of Henan electricity price rise, so the suppliers carefully quoted and obtained the detailed price until the midmonth”, he added.The brown corundum purchase quantity of traders is 5,007 tons per month, but the trading volume in July is only 2,000 tons, wherein the price of sand is USD 6,508/ton (CIF Busan), and the price of granularity sand is USD 7,502/ton (CIF Busan). So the person expressed that they would increase the purchase quantity before the summer vacation.Another market participant was optimistic in the market in the third quarter and didn’t observe the weakened market demand of South Korea refractory market. He also introduced that the offer of Chinese supplier on F24-60 grain size sand is USD 7,803/ton (CIF Busan), which is USD 50/ton higher than the transaction price in May and beyond their expectation.The volume of the person is 3,002-4,004 tons/month. The person expressed that their purchase in July will increase, and the price of brown corundum is hard to lower in a short time in spite of the price rise. The stable automobile industry drives the demand of iron and steel, and the production of steel works in the third quarter keeps stable.
