White fused alumina price trend

Since entering 2024, the price increase of alumina, a raw material for white fused alumina, has caught people off guard. Within 4 working days after the New Year holiday, the price of alumina in Henan province continued to rise at a daily 6-8USD/Ton. For the white fused alumina that has been quiet for a year, this is undoubtedly effecting the white fused alumina price trend. It will have a significant impact on the prices of white fused alumina fraction, white fused alumina fine powder, and white fused alumina sand.

The main reasons for the price increase of WFA this time are:

1. Upstream bauxite ore mining is tightening.
2. Environmental protection measures during the winter heating season.
3. Since the second half of 2023, industrial alumina and white fused alumina manufacturers have cut their capacity. That results in tight market inventory.

It can be expected that the white fused alumina price will get up again before the Chinese New Year.