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Industrial alumina prices rise again, leveling April price highs
Release time:
2020-06-11
On the whole, the price of alumina has reached a high price. At present, there are differences in the market. On the one hand, it is believed that alumina still has a room for increase of 100-200 yuan/ton. On the other hand, it is believed that the inflection point of alumina has arrived. Downwards, the window of refractory will keep you updated on the market trends.
According to the changes in the supply and demand of the alumina market of Chalco, in order to improve the company's overall profitability, from 18:00 on August 27, 2018, when the company sells non-metallurgical alumina in stock, the company and Chinalco International Trade Co., Ltd. implements a minimum price of 3,500 yuan/ton; when the company sells ordinary aluminum hydroxide in stock, the enterprise and Chinalco International Trading Co., Ltd. implement a minimum price of 2,275 yuan/ton. Up to now, Chinalco has risen for seven consecutive days, each time rising 100 yuan, and this month alone has risen 300 yuan/ton. This time the price increase has already leveled the record high in April this year. Weiqiao Alumina has been sold out of stock, no inventory, no external quotation. Previously, traders took the price from Weiqiao at about 3300 yuan/ton. After the price of Chinalco increased, the price of the trader will also rise.
The continued rise in alumina prices is a big blow to white corundum, dense corundum, sintered corundum, fused spinel and mullite enterprises that use industrial alumina as raw materials. On the one hand, the increase in raw material prices has doubled the cost pressures of enterprises. On the other hand, if prices continue to rise with costs, downstream customers are extremely resistant, and the inadequate demand level makes corundum companies have great resistance.
On the whole, the price of alumina has reached a high price. At present, there are differences in the market. On the one hand, it is believed that alumina still has a room for increase of 100-200 yuan/ton. On the other hand, it is believed that the inflection point of alumina has arrived. Downwards, the window of refractory will keep you updated on the market trends.
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