Monthly Fused Alumina Market Report Oct 2020
2020-11-12 22:57:30 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Given the weak demand from downstream clients, the brown fused alumina market remained dim and the operating rate kept low in October. Some Henan producers limited production due to the environment protection control. Despite the increased prices of raw material, most suppliers kept the prices stable and the prices of Chinese brown fused alumina stayed unchanged in October.
As the prices of raw material alumina kept stable, most Chinese white fused alumina suppliers held the prices unchanged in October. Thus, the prices of Chinese white fused alumina kept stable in October.
With the stable prices of brown fused alumina in domestic market and devalued USD, the export traders raised the prices to ensure the profit. Therefore, the export prices of Chinese brown fused alumina go up in October.
Although the domestic prices of white fused alumina kept stable, the export suppliers lifted the export prices due to devalued USD. Therefore, the export prices of Chinese white fused alumina moved up this month.
Although the demand remained weak in India, the suppliers held the prices unchanged. Therefore, the prices of brown fused alumina in India stayed steady this month. In Europe, the prices of brown fused alumina and white fused alumina moved up in October due to the increased logistics.
Given the weak demand from downstream clients, the brown fused alumina market remained dim and the operating rate kept low in October. Some Henan producers limited production due to the environment protection control. Despite the increased prices of raw material, most suppliers kept the prices stable and the prices of Chinese brown fused alumina stayed unchanged in October.
As the prices of raw material alumina kept stable, most Chinese white fused alumina suppliers held the prices unchanged in October. Thus, the prices of Chinese white fused alumina kept stable in October.
With the stable prices of brown fused alumina in domestic market and devalued USD, the export traders raised the prices to ensure the profit. Therefore, the export prices of Chinese brown fused alumina go up in October.
Although the domestic prices of white fused alumina kept stable, the export suppliers lifted the export prices due to devalued USD. Therefore, the export prices of Chinese white fused alumina moved up this month.
Although the demand remained weak in India, the suppliers held the prices unchanged. Therefore, the prices of brown fused alumina in India stayed steady this month. In Europe, the prices of brown fused alumina and white fused alumina moved up in October due to the increased logistics.
