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Electrolytic Aluminum Production Capacity Release to Raise Alumina Price

To the first quarter of 2017, the monthly production capacity of electrolytic aluminum will go more than 3 million tons, and the production release will push up the prices of the upstream alumina.

From: www.iabrasive.comDate: 2016-12-02 06:17:41Views: 500

According to research data, the aluminum prices continue to rise recently. It is expected that the domestic electrolytic aluminum production capacity will get a rapid growth in the fourth quarter of this year. To the first quarter of 2017, the monthly production capacity of electrolytic aluminum will go more than 3 million tons, and the production release will push up the prices of the upstream alumina.

From the inventories, on November 25, the SHFE aluminum inventories were reduced by 634 tons, and the LME aluminum inventories were reduced by 5450 tons. A small decline in inventories shows that the spot aluminum is still tight, supporting the prices. In addition, the electrolytic aluminum production capacity release is significantly faster than alumina. It is expected that alumina prices will reach 3000-3500 Yuan/ton in the future.

The alumina industry go from loss incurring to profit-making, and many alumina manufacturers work actively. The alumina supply is in small increase trend, which may bring certain resistance to alumina prices to be rising. Before the New Year, electrolytic aluminum will continue to increase or recover the production. In addition, the environmental protection may impact the supply of alkali and lime, and the falling ore grade may influence equipment production. At present, the supply and demand structure of alumina is relatively good.

Learn more about quality alumina with reasonable prices, please visit the following companies: Yichuan Dongfeng Abrasives Co.,Ltd. and YiChuan County ShengYu Fireproof Material Co., Ltd.

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