Chinese white fused alumina producers expect stable prices

BEIJING (Asian Metal) 13 Mar 23 – Although the end market stayed in low position, most Chinese white fused alumina producers firmed their prices in the past week and expected stable prices in the coming week based on the steady alumina prices.Asian Metal Copyright08%max Na2O 0.Asian Metal Copyright The current prevailing prices of Chinese white fused alumina 99%min 1-3mm Fe2O3 0.Asian Metal Copyright They hold an inventory of nearly 600t presently.Asian Metal Copyright08%max Na2O 0.Asian Metal CopyrightBEIJING Asian Metal 13 Mar 23 – Although the end market stayed in low position, most Chinese white fused alumina producers firmed their prices in the past week and expected stable prices in the coming week based on the steady alumina prices.Asian Metal Copyright35%max SiO2 0.1%max hovered at RMB4,550-4,650/t (USD655-670/t) EXW D/A 180 days, on par with early this week.

"We estimated that the prices for white fused alumina 99%min 1-3mm Fe2O3 0.08%max Na2O 0.Asian Metal Copyright Based on the high raw material prices, the producer quotes RMB4,700t USD677t EXW DA 180 days for white fused alumina 99%min 1-3mm Fe2O3 0.Asian Metal Copyright3%max SiO2 0.Asian Metal Copyright1%max today and accepts no concessions, in line with early this week.Asian Metal Copyright1%max would stay stable in the upcoming week in light of the dim end market but steady alumina prices," a producer in Henan claimed. Based on the high raw material prices, the producer quotes RMB4,700/t (USD677/t) EXW D/A 180 days for white fused alumina 99%min 1-3mm Fe2O3 0.Asian Metal CopyrightBEIJING Asian Metal 13 Mar 23 – Although the end market stayed in low position, most Chinese white fused alumina producers firmed their prices in the past week and expected stable prices in the coming week based on the steady alumina prices.Asian Metal Copyright08%max Na2O 0.Asian Metal Copyright Another producer in Shandong revealed, "We plan to insist on our price for white fused alumina 99%min 1-3mm Fe2O3 0.Asian Metal Copyright25%max SiO2 0.Asian Metal Copyright3%max SiO2 0.Asian Metal Copyright1%max today and accepts no concessions, in line with early this week. Their last deal completed about three days ago when they sold about 66t at around RMB4,700/t (USD677/t) to a regular client.

The producer, with an annual production capacity of 31,500t, expects to produce around 1,000t in March, in line with last month. Currently they hold approximately 700t in stock.

Another producer in Shandong revealed, "We plan to insist on our price for white fused alumina 99%min 1-3mm Fe2O3 0.08%max Na2O 0.Asian Metal Copyright .Asian Metal Copyright4%max SiO2 0.Asian Metal Copyright3%max SiO2 0.Asian Metal Copyright1%max steady in the following week in light of the steady alumina prices and the dormant market demand". The producer quoted RMB4,450/t (USD641/t) EXW D/A 180days for white fused alumina 99%min 1-3mm Fe2O3 0.Asian Metal Copyright The current prevailing prices of Chinese white fused alumina 99%min 1-3mm Fe2O3 0.Asian Metal Copyright08%max Na2O 0.Asian Metal Copyright "We estimated that the prices for white fused alumina 99%min 1-3mm Fe2O3 0.Asian Metal Copyright3%max SiO2 0.1%max and could accept a concession as much as RMB50/t (USD7/t), in line with early this week.Asian Metal Copyright The producer quoted RMB4,450t USD641t EXW DA 180days for white fused alumina 99%min 1-3mm Fe2O3 0.Asian Metal Copyright Adding that they sold about 1,000t so far this month, and expected to sell about 2,000t in March, while they only sold about 1,600t in February. They last sold about 120t to a regular client at RMB4,450/t (USD641/t) this Tuesday.

With an annual production capacity of 250,000t, the producer expects to produce about 2,500t in March, compared to about 2,000t last month. They hold an inventory of nearly 600t presently.

.Asian Metal Copyright Another producer in Shandong revealed, "We plan to insist on our price for white fused alumina 99%min 1-3mm Fe2O3 0Asian Metal Copyright