China Abrasive Materials Weekly Price (30 OCT-5 NOV): Market price stays firm
This week, China's alumina prices maintained stable, and the market is holding a wait-and-see attitude, while the raw material price is estimated to maintain a weak trend. It is expected that in the coming week, China's white fused alumina prices supported by the cost will continue to run stable.
With the heating season approaching, the bauxite market is anticipated a bullish trend, and the prices of high-grade raw bauxite ore and calcine bauxite are running firm. Supported by the cost, the price of brown fused alumina also remained firm.
This week, China's black silicon carbide market is running steadily.
With the slow recovery of market demand, most green silicon carbide enterprises stabilized the price, and supported by the cost, China's green silicon carbide prices may continue to run stable.