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    Home > Chemicals Industry > New Chemical Materials > Alumina continues to rebound and prices rise slowly

    Alumina continues to rebound and prices rise slowly

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Alumina prices continued to rebound this week, the rebound strength weakened significantly, the trading volume declined, the news within the week that Jiaokou Xinfa alumina will resume production in the middle of this month, hitting the market trading confidence, wait-and-see sentiment increased again, buyers and sellers intention prices are basically flat compared with the average price of the three networks, short-term upside is limited
    .
    As of this Friday, the average price of Shanxi Sanwang alumina was 2561 yuan / ton, up 27 yuan / ton
    from last Friday.

    alumina

    In terms of alumina starts, as of the end of this week, Luzheng Futures statistics on domestic alumina starting capacity of 69.
    95 million tons, little change from the start at the end of last month, but there are still a large number of enterprises in the process of reducing production, stopping production and suppressing production
    .
    In terms of capacity changes, Jiaokou Xinfa will resume production in the middle of this month, and it is expected that the resumption of production will start production capacity of 1.
    4 million tons, and Jingxi Tiangui Aluminum will achieve 800,000 tons this month; Guodian Investment Sichuan Alumina was postponed again to the end of the year
    .

    At the beginning of this month, domestic ore prices continued to decline slightly, and the south was relatively stable
    overall.
    Among them, the price of bauxite with aluminum content of 60% and aluminum-silicon ratio of 5.
    0 in Shanxi is 450-480 yuan / ton without tax, and the price of bauxite with aluminum content of 58% and aluminum-silicon ratio of 4.
    0 is 350-380 yuan / ton; The price of bauxite with aluminum content of 60% and aluminum-silicon ratio of 5.
    0 in Henan was slightly reduced to 390-420 yuan / ton, and the price of bauxite with aluminum content of 58% and aluminum-silicon ratio of 4.
    0 was slightly reduced to 285-310 yuan / ton; The price of bauxite with 60% aluminum content and aluminum-silicon ratio of 5.
    5-6.
    0 in Guizhou was slightly reduced to 225-290 yuan / ton
    .
    As the north enters autumn and winter, the weather conditions deteriorate, and the 70th anniversary of the National Day, most mines continue to be restricted, bauxite supply remains tight, and the current price reduction is mainly to ease the pressure
    on alumina production costs.

    At present, the start of electrolytic aluminum maintains a vigorous recovery trend, but the start of alumina is relatively tight, during the National Day period Dengfeng Sino-US aluminum industry and Luoyang Xiangjiang Wanji if still can not reach ultra-low emissions will be forced to stop production, and alumina prices are low, a large number of enterprises are in a state of pressure production, so alumina is relatively tight compared to electrolytic aluminum, but the market liquidity is insufficient, only a small amount of just need to be traded, price increases slowly, it is expected that prices will continue to recover slightly in the short term
    .

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