Market Analysis of Aluminum Oxide In January

By the end of January, the prices of domestic industrial aluminum oxide (particle size: 80-120 mesh; Al2O3≥98.6%) fluctuated frequently and rose slightly. According to the monitoring, on January 28th, the price of industrial aluminum oxide is increased by 150 RMB/ton in Henan region, and the factory price including-tax is 1850-2000 RMB/ton; The price of industrial aluminum oxide is increased by 50 RMB/ton in Shandong region, and the factory price including tax is 1900-2000 RMB/ton.

On January 12, 2016, some companies have agreed on a joint venture company to be responsible for electrolytic aluminum business store, and have signed a fund agreement. It is reported that the collection and storage will be divided into two parts. For the first time, it will take place in February about 1 million tons, which causes a sensation for the domestic aluminum industry.

China's aluminum production accounts for about half of the global output, and the annual exports is expected to hit a record high in 2015, which will further exacerbate the global oversupply. The pattern about aluminum is difficult to change, and there is a certain amount of aluminum factories that start to reduce the production.

According to manufacturers' news, the comprehensive pricing in the market is mainly because aluminum factories reduce the production and other reasons that make aluminum supply relatively tight. Since the aluminum market is turbulent and changeable, it is hard to predict. Most companies will remain cautious release of production capacity in order to reduce the risk. In addition, the lunar New Year would be approaching; The logistics cost is rising; The goods vehicles are reduced; There are also many other uncontrolled factors, which all make enthusiasm of enterprises obviously weakened.  But if you urgently need great quality aluminum oxide and professional after-services, you can still can get them by clicking the following links for further contacts with these great suppliers: YiChuan County ShengYu Fireproof Material Co., Ltd., CIPIE(Henan)Import and Export Trade Co.,LTD. and Yichuan Dongfeng Abrasives Co.,Ltd.