White Fused Alumina Prices Continue to Fall in the Doldrums

According to statistics, industrial alumina prices continue to drop in early October. The factory price including the tax is 2300-2500 RMB/ton in Henan region; In Shandong district, the factory price including the tax is 2300-2450 RMB/ton, which has been cut 50 RMB/ton.

Raw materials alumina prices continue to fall, and are even difficult to support the prices of white fused alumina enterprises. As a result, white fused alumina prices continue to fall in Henan region. At present, the mainstream price of white fused alumina Al2O3≥99% section sand is of 4600-4800 RMB/ton; The mainstream price of fine powder is 4800-5000 RMB/ton (factory tax-inclusive price), which has been cut down 100 RMB/ton price compared with last month.

The refractories industry is still in the downturn, so the sales of white fused alumina become more difficult. Some original purchasers reduce the number of procurement, and it is difficult to increase new customers, which make white fused alumina enterprises suffering a lot.

In exports: In January-August of 2015,  the exports of white fused alumina are about 109900 tons, which has reduced by 18.7% year on year, and the total amount of exports is about $102.4521 million, dropping 12.1% year on year.

These figures show that the export and domestic sale of white fused alumina are not going smoothly, which will remain weak in the future.