According to Antaike research, as of October 27, 2023, China's alumina spot index was 3012 yuan/ton, the national average price of alumina was 3202 yuan/ton, with alumina prices continuing to rise.
Given the upward trend in raw material, white fused alumina prices were also supported. It is expected that in the coming week, China's white fused alumina price will continue to run stable.
As the heating season is approaching, the bauxite market is currently stable. Some enterprises slightly raised product prices due to the increase of downstream demand.
Affected by the weaker-than-expected recovery of downstream market demand, China's black silicon carbide market ran weakly and steadily.
This week, with the slow recovery of market demand, most green silicon carbide enterprises tend to stabilize the market, and supported by the cost, green silicon carbide prices may continue to run stable.