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    Home > Chemicals Industry > New Chemical Materials > Alumina prices will usher in a wave of upside

    Alumina prices will usher in a wave of upside

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    Entering 2020, alumina operating capacity decreased slightly, supply continued to decline, but the price increase was limited, according to the three network quotations, the average price of alumina in the month only rose by 10 yuan, Shanxi, Henan and other refineries are still in a loss state
    .
    There are two main reasons: first, there is a low-cost new production capacity, and the 800,000-ton production capacity of Jingxi Tiangui was successfully put into operation in January; Second, overseas alumina prices are still low, imports continue to pour in, and alumina inventories in domestic ports continue to rise, so that the short-term reduction in domestic production does not cause a shortage pattern for the overall supply of alumina
    .

    alumina

    The impact of the epidemic on the supply of alumina is greater than the impact on the supply of electrolytic aluminum, due to the strict control of local governments on transportation in response to the spread of the epidemic, so that the supply of raw materials for alumina plants has a big problem, the supply of bauxite in Shanxi and Henan areas can be maintained, but other raw materials caustic soda and coal and other supply shortages are serious, especially in Xiaoyi area of Shanxi Alumina plant is deeply affected, including Xing'an Chemical, Xinfa Chemical, Fusheng Aluminum Industry, etc.
    have reduced or suppressed production, affecting production capacity of more than 2 million tons, in addition, Henan, Refineries in Shandong and other places have also reduced and suppressed production
    .

    Considering that the previous alumina operating capacity has been at a low level, and the large-scale reduction and pressure production caused by the epidemic, the short-term alumina supply will face a shortage situation
    .
    Although port alumina inventories continue to rise due to the continuous opening of the import window, traffic control still hinders the domestic sale of imported alumina, so alumina prices will usher in a wave of
    upside.

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