Market Prices of Alumina Have Been Holding Steady in Recent Period

Rising in commodity prices suddenly and sharply leads to the rising of non-ferrous plate prices. At the end of the first quarter, the metal "aluminum" is still active. At present stage, the downstream demand of aluminum industry may exceed our expectation. The whole inventory of this industry is quite low, and the market prices of alumina have been holding steady. With the decline of bauxite prices, it is expected that the chance of price rebound is small.

Recently, industrial alumina suppliers and buyers remain on high alert, and the market presents the "rising but falling” situation. Sellers are not positive to give quotes that is mainly affected by the frequent fluctuations of prices, and the profit space is difficult to control; Suppliers’ enquiries are increasing obviously, and the replenishment quantity is bigger, but new orders to clinch a deal are limited. This month, industrial alumina prices have been holding steady after previous adjustment.

Affected by supply and demand, the overall market of industrial spot alumina continues to be in tight supply situation, and are still mainly sold to electrolytic aluminum industry this year. Traders’ picking up rises by 50-100 RMB/ton, but it is slightly adjusted and does not affect the overall industrial alumina market.

It is reported that at the end of March, the prevailing prices of domestic industrial alumina (80-120 mesh; Al2O3≥98.6%) are as follows: The factory price including tax of industrial alumina is 2050-2300 RMB/ton in Henan; The factory price including tax of industrial alumina in Shandong is 2100-2200 RMB/ton. In Henan, there are many great alumina suppliers, such as YiChuan County ShengYu Fireproof Material Co., Ltd., CIPIE(Henan)Import and Export Trade Co.,LTD. and Yichuan Dongfeng Abrasives Co.,Ltd. You can click the above links to make further contacts with them.

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