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Important Notice: Continuous increasing alumina price

2024-10-30

As an important raw material for the production of electrolytic aluminum, the price of alumina continues to rise. Today the price has already set a new record for the highest in the recent 10 years. Why was there such a significant increase in October?

Firstly, the slow resumption of domestic bauxite production has led to a shortage of bauxite resources. However, the transportation of imported bauxite from abroad has also been affected to some extent due to the early rainy season.

Secondly, domestic and foreign enterprises are actively restocking, leading to an increase in demand. The supply of alumina products continues to be tight, with insufficient delivery volume, resulting in high prices.

Activated alumina and 99% high alumina balls are our main products, and we have to inform all customers that the current quotation only remain until the end of this month. From November 1st, activated alumina and high alumina balls will be priced at a new rate by USD30 per ton and USD75 per ton.



+86 799 6666455

info@oimchem.com

+86 18179910932
Tracy Chen
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