Monthly Fused Alumina Market Report Feb 2020
2020-03-13 00:04:36 【Print】
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1. Market Highlights
In view of the government control, most brown fused alumina participants still kept away from the market and the logistics didn't fully resume, the Chinese brown fused alumina market saw limited deals in February. The resumed producers intended to hold the prices stable and watch the market . Thus, the prices of Chinese brown fused alumina stayed stable in February.
As most Chinese white fused alumina participants didn't return to the market and the logistics didn't fully resume, the Chinese white fused alumina market witnessed few deals this week. However, the prices of raw material alumina powder moved up, leading to a slightly increase of the prices of Chinese white fused alumina in February.
As the domestic logistics didn't fully recover, the suppliers could not transport the goods to the ports, the Chinese brown fused alumina export market saw few deals this month. Thus, the export prices of Chinese brown fused alumina stayed steady this week and the export prices of Chinese white fused alumina moved up due to the increasing prices of domestic prices.
Due to the stable demand and sufficient supply in European and Indian market, both of the prices of brown fused alumina and white fused alumina remained unchanged this month.
In view of the government control, most brown fused alumina participants still kept away from the market and the logistics didn't fully resume, the Chinese brown fused alumina market saw limited deals in February. The resumed producers intended to hold the prices stable and watch the market . Thus, the prices of Chinese brown fused alumina stayed stable in February.
As most Chinese white fused alumina participants didn't return to the market and the logistics didn't fully resume, the Chinese white fused alumina market witnessed few deals this week. However, the prices of raw material alumina powder moved up, leading to a slightly increase of the prices of Chinese white fused alumina in February.
As the domestic logistics didn't fully recover, the suppliers could not transport the goods to the ports, the Chinese brown fused alumina export market saw few deals this month. Thus, the export prices of Chinese brown fused alumina stayed steady this week and the export prices of Chinese white fused alumina moved up due to the increasing prices of domestic prices.
Due to the stable demand and sufficient supply in European and Indian market, both of the prices of brown fused alumina and white fused alumina remained unchanged this month.