Over 50% of alumina production lines face loss in China due to high raw material costs
Views : 417
Update time : 2020-05-21 22:44:46
According to the current market in China, there were still over 50% of the alumina production lines were facing loss, although the alumina price has seen stable currently.
The main reason for this situation was the high cost of raw material, to solve that problem, some of the mines decided to decrease the price to create profit for the factory.
In the short term, the supply of the raw material was still tight, which might benefit the market prices, but for the mid-long term, the market demand seemed not that strong to support the continuously increasing trend, so some of the market participants were still caring about the demand situation in China of alumina.
