This week, as alumina prices continued to rise, most white corundum producers in China raised the price by about 50 yuan/ton.

Supported by the rising price of raw material alumina, white fused alumina manufacturers are more optimistic about the price trend.

As of November 28, 2022, China's alumina spot index was 2,776 yuan/ton, alumina prices stopped falling and rebounded.

According to industry sources, the market price of brown fused alumina has almost gone down to cost.

As alumina oxide prices stopped falling and stabilized, most white fused alumina producers in China firm up the price.

White fused alumina manufacturers in Henan expect production resumption in mid-November.

It is expected that, influenced by the surging production costs in winter, green silicon carbide prices may continue to run high.

Affected by the Covid curbs, the operation rate of brown fused alumina in Henan Province is furtherly reduced.

In Henan, due to the reported Covid 19 cases, some districts have been lock down and the supply of fused alumina will be partly affected.

Since the late September, the raw material alumina prices in China have been on a downward trend.

This week, the number of brown corundum factories that were shut down in China continue to increase.

China's black silicon carbide downstream demand gradually pick up this week, and enterprise shipments are also relatively smooth.

Affected by the high cost and low profit, brown fused alumina enterprises in Henan Province still maintain a low start rate state.

In order to reduce inventory, most fused alumina enterprises are in shutdown or low start rate state, maintaining the regular customer only.

Although downstream demand shrinks, due to high production cost, brown fused alumina enterprises have strong willingness to support prices.

Due to the sluggish downstream demand, the number of white fused alumina enterprises in reduction and suspension of production increased.

As the downstream demand continues to sluggish, China's white corundum production enterprises are in the state of reduction or shutdown.

This week, white corundum producers continue to maintain a low start-up load, some enterprises choose to cut the prices to ensure cash flow.

Affected by the high-cost pressure, brown fused alumina product profit margin is weak, and the enterprises insist to hold the price.

Due to the sluggish downstream demand, most white corundum manufacturers shipped poorly, and the industry operation rate declined.