Recently, the price of white aluminum oxide Grit has been raised in various regions of white corundum production. Nonetheless, high-quality sand with a large amount of white aluminum oxide, such as 46 mesh and 54 mesh, is in tight supply. The Latest Price of white aluminum oxide grit is about 30-45 USD higher per ton than that in August.
Affected by the 2020 epidemic, demand from foreign customers was once low. Starting in the second half of 2020, due to the exhaustion of foreign inventories and insufficient production capacity of foreign companies, procurement demand rebounded.
After the low price of white aluminum oxide in 2020, it will gradually rise in April 2021.
At the beginning of 2021, most domestic chemicals, raw materials, and bulk materials have experienced the impact of soaring prices. Major aluminum factories shifted their production capacity to aluminum products, and the supply of alumina powder was low.
The increase in the price of industrial alumina powder directly led to the increase in the production cost of white corundum, especially from August to September.
The following chart shows the price fluctuate since the beginning of 2020:
In the near future, the price of aluminum oxide will definitely be up again. Contact us to get the updated price at any time.