Fused Alumina Market Report June 2013

It should be a busy time in June as some producers used to place orders or arranged shipment for the upcoming summer slack season, but this did not happened this year.Asian Metal Copyright Some producers who smelt lumps at night even concluded deals at around RMB4,500t USD734t ex works.Asian Metal Copyright The preferential power price was rescinded again in Guizhou this year, so the brown fused alumina price did not drop as expected.Asian Metal Copyright Some producers who smelt lumps at night even concluded deals at around RMB4,500t USD734t ex works.Asian Metal Copyright The export market was still sluggish with few orders as European economy was still in trouble, but some producers received inquiry from American buyers, which might lead to the bulk purchase activities later.

Alumina price dropped again in the latter of June, but the mainstream price of white fused alumina price hold stable at RMB4,700-5,000/t (USD768-817/t) ex works for segment sands. Some producers who smelt lumps at night even concluded deals at around RMB4,500/t (USD734/t) ex works.Asian Metal Copyright The preferential power price was rescinded again in Guizhou this year, so the brown fused alumina price did not drop as expected.Asian Metal Copyright Export market also saw different prices, but the demand was still feeble without any improvement.
.Asian Metal Copyright Export market also saw different prices, but the demand was still feeble without any improvementAsian Metal Copyright