India brown fused alumina market prices keep steady
2023-03-16 11:04:51 [Print]
BEIJING (Asian Metal) 16 March 23 – Given the stable sales and clients' refusal to higher prices, most Indian producers insisted on their prices in the past week. Hence, the current prevailing prices of Indian brown fused alumina 95%min 1-3mm stand at INR80,000-82,000/t (USD967-991/t) EXW, on par with early this week. As most Indian producers prefer to keep their prices unchanged to maintain stable sales, insiders believe that the prevailing prices of Indian brown fused alumina would keep steady in the upcoming week.
A producer in India held their offer for brown fused alumina 95%min 1-3mm firm at INR82,000/t (USD991/t) EXW and could give no discount, unchanged in the past week. They just sold out about 80t this morning at INR82,000/t (USD991/t). "Although we have stable sales, the clients refused to pay for higher prices in regarding of the low price in China" the producer claimed, adding that they predict that the prevailing prices of Indian brown fused alumina would stay firm in the coming week.
With a production capacity of 18,000tpy, they plan to produce about 1,000t this month, in line with last month. Presently they hold about 400t in stock.
Another producer in India kept their quotation firm at INR72,000/t (USD870/t) Ex-VAT EXW for brown fused alumina 94.5%min 1-3mm with no concession. "We closed our last deal late last week, when we sold out about 120t at INR72,000/t (USD870/t)" the producer disclosed. They have no willingness to lift their prices given that their regular clients expressed firm refusals to higher prices and thus they estimate that the prevailing prices of Indian brown fused alumina would stay firm in the coming week.
Based on a production capacity of 30,000tpy, they expect to produce about 2,000t in March, unchanged MoM. Now they hold about 1,200t in stock.
A producer in India held their offer for brown fused alumina 95%min 1-3mm firm at INR82,000/t (USD991/t) EXW and could give no discount, unchanged in the past week. They just sold out about 80t this morning at INR82,000/t (USD991/t). "Although we have stable sales, the clients refused to pay for higher prices in regarding of the low price in China" the producer claimed, adding that they predict that the prevailing prices of Indian brown fused alumina would stay firm in the coming week.
With a production capacity of 18,000tpy, they plan to produce about 1,000t this month, in line with last month. Presently they hold about 400t in stock.
Another producer in India kept their quotation firm at INR72,000/t (USD870/t) Ex-VAT EXW for brown fused alumina 94.5%min 1-3mm with no concession. "We closed our last deal late last week, when we sold out about 120t at INR72,000/t (USD870/t)" the producer disclosed. They have no willingness to lift their prices given that their regular clients expressed firm refusals to higher prices and thus they estimate that the prevailing prices of Indian brown fused alumina would stay firm in the coming week.
Based on a production capacity of 30,000tpy, they expect to produce about 2,000t in March, unchanged MoM. Now they hold about 1,200t in stock.
