Chinese white fused alumina prices stay steady
2023-04-21 08:26:53 [Print]
BEIJING (Asian Metal) 21 Apr 23 – Due to the firm alumina prices, most producers kept m their prices unchanged in the past week, despite the weak market demand. The current mainstream prices of Chinese white fused alumina 99%min 1-3mm Fe2O3 0.08%max NaO2 0.35%max SiO2 0.1%max stand at RMB4,450-4,550/t (USD647-661/t) EXW D/P, in line with early this week. As most producers intend to firm their prices given the high production costs, insiders believe that the mainstream prices of Chinese white fused alumina would keep steady in the coming week.
A producer in Henan stated, "We quoted RMB4,650/t (USD675/t) EXW D/A 180 days for white fused alumina 99%min 1-3mm Fe2O3 0.08%max NaO2 0.3%max SiO2 0.1%max with no concession at all, stable from early this week". They last signed an order of nearly 66t this Tuesday at around RMB4,650/t (USD675/t). Despite the weak demand, they would hold price prices based on the high alumina prices and believe that the prevailing prices of Chinese white fused alumina would remain steady in the week to come.
With an annual production capacity of 50,000t, they plan to produce around 2,500t this month, unchanged MoM. They have stocks of about 2,000t at present.
Another producer in Shandong quoted RMB4,450/t (USD647/t) EXW D/P for white fused alumina 99%min 1-3mm Fe2O3 0.08%max NaO2 0.35%max SiO2 0.1%max without any concession, on par with early this week. The producer revealed, "We just closed an order early this week when we sold out around 40t to a trader at about RMB4,450/t (USD647/t)". In spite of the dormant demand, based on the high production costs, they plan to keep prices unchanged and predict that the mainstream prices of Chinese white fused alumina would stay steady in the upcoming week.
The producer, based on an annual production capacity of 50,000t, plans to produce about 1,800t in April, unchanged from last month. They hold an inventory of nearly 1,200t at the moment.
A producer in Henan stated, "We quoted RMB4,650/t (USD675/t) EXW D/A 180 days for white fused alumina 99%min 1-3mm Fe2O3 0.08%max NaO2 0.3%max SiO2 0.1%max with no concession at all, stable from early this week". They last signed an order of nearly 66t this Tuesday at around RMB4,650/t (USD675/t). Despite the weak demand, they would hold price prices based on the high alumina prices and believe that the prevailing prices of Chinese white fused alumina would remain steady in the week to come.
With an annual production capacity of 50,000t, they plan to produce around 2,500t this month, unchanged MoM. They have stocks of about 2,000t at present.
Another producer in Shandong quoted RMB4,450/t (USD647/t) EXW D/P for white fused alumina 99%min 1-3mm Fe2O3 0.08%max NaO2 0.35%max SiO2 0.1%max without any concession, on par with early this week. The producer revealed, "We just closed an order early this week when we sold out around 40t to a trader at about RMB4,450/t (USD647/t)". In spite of the dormant demand, based on the high production costs, they plan to keep prices unchanged and predict that the mainstream prices of Chinese white fused alumina would stay steady in the upcoming week.
The producer, based on an annual production capacity of 50,000t, plans to produce about 1,800t in April, unchanged from last month. They hold an inventory of nearly 1,200t at the moment.
