White fused alumina price lower
white fused alumina price get lower in July 2022. The supply and demand relationship and alumina powder price weakness caused the decrease.
First of all, the demand for white-fused alumina in the consumption end has declined, and the quantity of white fused aluminum oxide circulating in the market has decreased. There is stock for some white fused aluminum oxide grit in many plants. Therefore, there is a certain change in the relationship between supply and demand.
Another factor in the price decrease comes from the raw material of WFA. The raw material of WFA is industrial aluminum oxide powder. In the last month, the price of Al2O3 powder went lower. The supply of imported alumina powder has decreased, but the domestic supply of alumina powder is still sufficient in China. As of July 26, the price range of industrial alumina powder produced in Henan was 453-463 USD/ton, with an average of 458 USD/ton. The price range of industrial alumina powder produced in Shandong was 442-466 USD/ton, with an average of 454 USD/ton.
White fused alumina manufacturers always quote prices according to a series of factors such as raw material prices, production costs such as smelting and sand making, and supply and demand relationship. Under the above circumstances, the white fused alumina price is cut by RMB 100-150 per ton this month.