In July, China Refractory Window Network issued a warning that under the influence of "zero tariffs and high inventory", the domestic industrial alumina market will find it difficult to maintain stability and will continue to decline. In early August, our website's warning was verified, and the domestic industrial alumina market price once again fell by 50-100 yuan, with a significant decline. This week, the factory price including tax for industrial alumina in Shandong was 2400-2500 yuan/ton, and in Henan it was 2370-2500 yuan/ton.

Due to the significant decline in industrial alumina prices this time, coupled with the continuous weakening of downstream demand in recent times, many manufacturers have lost confidence. However, some alumina customers with good market layout, stable product quality, and certain import advantages have expressed that the current market is an opportunity for them to occupy the market.

What is the future of the industrial alumina industry, which has been continuously declining for several months? Many industry insiders are concerned about whether there is still room for decline in the future market. Our analysis suggests that in the short term, the release of alumina production capacity will still be in a rapid stage, while downstream demand cannot recover quickly. Some customers with high inventory still have plans to lower their alumina quotes. Therefore, there is still room for decline in the future industrial alumina market, but it is expected to be controlled within 100 yuan/ton.

2015-08-11 Refractory Window