Market Analysis of Aluminum Oxide in August 2016

It is reported that the market prices of domestic industrial aluminum oxide ( particle size: 80-120 mesh; Al2O3≥98.6%) remain unchanged compared with last month. In Henan, some industrial alumina manufacturers offer the factory prices including tax about 1950-2200 yuan/ton, and in Shandong, the prices are around 2000-2100 yuan/ton.

Indicators are 325 mesh, Al2O3≥99%, and conversion rate 95% or higher. The factory price including tax of calcined alpha alumina powder is 3100-3400 yuan/ton in Henan and 3000-3200 yuan/ton in Shandong.

As is known to all, the environmental protection check is stricter in the whole Henan now, which makes most of enterprises being in shutdown state, and thus leads to product supply shortage of production enterprises. It is still in the air when the environmental protection supervision finishes.

On August 1, Shandong Branch of Chalco has reduced the production of aluminum oxide about 500000 tons. Shandong Lubei Chemical reduced the production in July, and stopped all metallurgical grade alumina devices. Although the alumina prices are at the bottom, individual companies still reduce the prices in order to make every effort to consume inventory as soon as possible.

In view of the current domestic alumina market, it may remain stable in the near future. Therefore, enterprises must not purchase at a high price or at a low price for shoddy products when purchasing products.