The reason for the price increase of alumina (white fused alumina raw material)?
First, as the domestic economy recovers and consumption is improving, coupled with a series of factors such as dual carbon targets, dual energy consumption control policies, and peak-shifting power consumption measures, the tightening of bulk commodity supply is expected to be clear, supporting the maintenance of most production material prices in the first half of the year. Strong trend. Due to the excessive price increase in the upstream industry, the domestic government has introduced a series of measures to ensure supply and stabilize prices to promote price stability;
Second, the environmental protection supervision and implementation of rectification is under great pressure. Many coal-fired power and coking industry enterprises in Shanxi are facing deadlines for rectification, and the prices of ore and coal remain high, pushing up the cost of alumina production;
Third, due to the peak power consumption in summer and the policy of protecting people’s livelihood, many domestic industrial enterprises require peak power consumption;
Fourth, the epidemic has repeatedly blocked transportation, the downstream purchasing intention is high, the replenishment is active, the market is active in favor of the seller, and the alumina price rises accordingly;
In the context of the overall upturn in the macroeconomic environment, the rising cost of alumina production and tight supply are expected to strengthen, and alumina prices will maintain a strong upward trend in the future.