BEIJING (Asian Metal) 8 Jan 21 - The biggest producer of white fused alumina in China, Shandong Chiping Haoxin Industry Co., resumed 13 furnaces on January 7 and predicts an output of around 10,000t in January, compared to about 5,500t in December, a source from the company reported to Asian Metal.

"Due to a short supply of power, we only ran 7 furnaces in the past week. Since today we resumed other 13 furnaces and expect to produce around 10,000t this month, while last month we only produced around 5,500t due to the air pollution control," the source revealed this Thursday, adding that they still hold around 2,000t of orders pending for delivering with no stocks. Therefore, they intend to hold the price firm and test the market, expecting the prices of white fused alumina would remain flat in the following week.

The company holds 23 furnaces with an annual production capacity of 250,000t of white fused alumina. They expect to produce about 10,000t in January, compared to about 5,500t last month. They produced around 85,000t in 2020, while they had an output of about 105,000t in 2019. They are holidng no stocks at present, the same with last month.

Currently, the mainstream prices of white fused alumina 99%min 1-3mm in local market hover at RMB3,750-3,950/t (USD580-611/t) Inc-VAT EXW D/P, unchanged from one week ago.