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Alumina Price Dropped 10% in China

2015-06-16

Alumina price has dropped over 10% since January of 2015, according to the news from Hong Kong. The low price will continue dropping until the end of this year for the continually dropping alumina cost.

Duo to Alumina is the main raw material for aluminum products, finish aluminum manufacturer used to sell them to melting manufacturer. The prevalent application of aluminum can be saw in wide range from automobile to catering.

China is the largest aluminum producer and manufacturer in the world. The decreasing trend of price will lead to amount production and limit the importation since it takes 40% of the cost.

The quote price is 2,350-2,550 yuan in this week, which is lower than 2,800 yuan in January. It is also lower than the dutiable price of 2,550-2,650 yuan.

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