Since the beginning of 2021, the prices of domestic bulk chemicals and metal materials have continued to rise in China. Affected by this, the price of aluminum ingots has risen from 1,860 USD/ton to 3,100 USD/ton. Large aluminum factories in China have adjusted their product structure. They cut the production capacity of industrial alumina powder. As an artificial abrasive material, industrial alumina powder is the raw material for white fused alumina smelting. At present, there is a shortage of white fused alumina raw blocks. Thus, the less supply of white fused alumina material will inevitably affect the prices of WFA section sand, WFA fine powder, and WFA grains. The price of white fused alumina in Henan Province is expected to increase around May 25.
After the low price of white fused alumina in 2020, the price of white corundum abrasives may continue to rise in 2021. It will also affect the abrasive tools price and other industries.