Haoxin resumed white fused alumina production
2021-05-17 08:38:30 [Print]
BEIJING (Asian Metal) 17 May 21 - As the biggest white fused alumina producers, Chiping Haoxin Industry Co resumed production early this month after a 10-day suspension due to the shortage of electricity, expecting to produce over 6,000t in May.
"We halted production on 20 April due to the shortage of electricity and already resumed production early this month," a source from the company disclosed, adding that they expect to produce over 6,000t this month. Given the increased alumina prices, they believe that the mainstream prices of Chinese white fused alumina increased this week and would move up further in the coming two weeks.
Based on a production capacity of 250,000tpy, they produced about 90,000t in 2020 and already produced over30,000t so far in 2021. They predict to produce about 60,000t in May, unchanged MoM. Now they have no stock, in line with mid last month.
The current mainstream prices of Chinese white fused alumina 99%min 1-3mm stand at RMB4,100-4,200/t (USD640-656/t) Inc-VAT EXW D/P, up by about RMB50/t (USD7.81/t) from early this week.
"We halted production on 20 April due to the shortage of electricity and already resumed production early this month," a source from the company disclosed, adding that they expect to produce over 6,000t this month. Given the increased alumina prices, they believe that the mainstream prices of Chinese white fused alumina increased this week and would move up further in the coming two weeks.
Based on a production capacity of 250,000tpy, they produced about 90,000t in 2020 and already produced over30,000t so far in 2021. They predict to produce about 60,000t in May, unchanged MoM. Now they have no stock, in line with mid last month.
The current mainstream prices of Chinese white fused alumina 99%min 1-3mm stand at RMB4,100-4,200/t (USD640-656/t) Inc-VAT EXW D/P, up by about RMB50/t (USD7.81/t) from early this week.
Fused Alumina White 99%min 1-3mm In warehouse Rotterdam
Unit:EUR/mt
China brown fused alumina producers' number MoM output increase statistics by province by month
Unit: pcs
