Market Price of Domestic Alumina Is Significantly Raised in February

In February, the domestic alumina continued to cut the production, and enterprises' prices are firm. The stability of foreign alumina prices also play a supporting role to domestic alumina prices. Domestic industrial alumina market greets new opportunity at the end of February. Influenced by the tense supply of aluminum and the aluminum prices, the market price is raised significantly.

After the lunar New Year holiday, a lot of upstream and downstream enterprises of alumina start as a whole in good condition. Regional enterprises gradually return to the city, to make the corresponding internal preparations to meet the New Year. But enterprises have yet entered formal production status, so most production enterprises' prices are firm. At present, the market supply and demand have become clear, and according to the results, the domestic industrial alumina mainly depends on rigid demand. In addition, domestic large aluminum smelters will continue to be in tension supply in March. In a short period of time, industrial alumina may maintain the existing situation.

In February, in Henan region, the prevailing price of white fused alumina Al2O3≥99% section sand is 4200-4400 RMB/ton, and fine powder about 4500-4700 RMB/ton (factory price including price). But in Shandong region, the prevailing price of white fused alumina Al2O3≥99% section sand is 4300-4300 RMB/ton, and fine powder about 4600-4700 RMB/ton (factory price including price), whose prices are unchanged with last month. Under the influence of industrial alumina raw materials, white fused alumina enterprises expect that the market price of white fused alumina may be improved in future.

Before and after the Spring Festival, brown fused alumina enterprises show higher production capacity utilization. In February, the market price of Henan’s Al2O3≥95% dumping furnace section sand is around 3700-3900 RMB/ton. At present, the production situation of brown fused alumina is relatively idea in Henan region. Many production enterprises’ orders are fully booked in February, and orders in March have been more than half. Therefore, the market of brown fused alumina may be better this year. For more information about high quality alumina, welcome to check the following alumina manufacturers: YiChuan County ShengYu Fireproof Material Co., Ltd. and Yichuan Dongfeng Abrasives Co.,Ltd.