Market Quotes and Analysis on Aluminum Oxide in November

At the end of November, domestic industrial aluminum oxide (alumina) created a new high. At present, the domestic market prices of industrial alumina are around 3000-3100 Yuan/ton, up 200 Yuan/ton. The raw powder of calcination α-alumina (Al2O3≥99%, 325 mesh and the conversion rate ≥ 95%) was sold at the price (including tax) of 4000-4200 Yuan/ton in Henan, which increased by 200 Yuan/ton.

Alumina cost continues to rise since 2016, and the cost drivers are from coal, caustic soda and other raw materials’ prices in the first and second quarter. In the third quarter, domestic bauxite production areas in China (especially in Shanxi and Henan) are influenced by environmental protection, whose bauxite prices rise quickly that also raise the alumina costs.

The transportation cost was raised in September, which resulted the rising alumina prices all the way. Recently, electrolytic aluminum prices continue to rise. It is expected that in the fourth quarter of this year, domestic electrolytic aluminum production capacity will enter a rapid growth, and in the first quarter of 2017, the monthly production capacity of electrolytic aluminum will go more than 3 million tons. The capacity release will push up alumina prices in the upstream.

According to the analysis, the alumina market will remain strong in view of all aspects in the short term. Learn more about quality alumina with reasonable prices, please visit the following websites and make contacts with alumina manufacturers: Yichuan Dongfeng Abrasives Co.,Ltd. and YiChuan County ShengYu Fireproof Material Co., Ltd.