According to Antaike's information on January 22, China’s alumina spot index was RMB 2382 /ton, while the national average alumina price was RMB 2,579 /ton, which both increased slightly compared to last week.
Affected by the continuous and steady rise in the price of raw material alumina, the price of white fused alumina remained firm this week. As the Spring Festival holiday is approaching, manufacturers intend to keep the price stable. It is expected that in the coming week, white fused alumina price may remain stable.
In addition, 14 cities in Henan Province launched a red alert on heavy air pollution before 12:00 on January 22. It is understood that this is the first large-scale "red warning day" in Henan Province since the beginning of 2021, and 14 cities are facing the strictest pollution control this year.
This week, considering the stable production costs, the price of brown fused alumina in China remained firm. In addition, because there is almost no inventory in the market, most companies currently indicate that they will not accept any counteroffers. It is expected that in the coming week, brown fused alumina prices may remain stable.
This week, supported by production costs, the price of black silicon carbide in China continued to remain stable.
This week, green silicon carbide suppliers in Xinjiang will suspend production due to the coming Spring Festival holiday, and plan to resume production on March 1. It is expected that green silicon carbide price may maintain stable during this period.