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By TRUNNANO | 11 July 2023 | 0 Comments

Alumina price trend forecast for 2023

Properties of alumina
Aluminum oxide is a kind of white powder, insoluble in water; aluminum oxide is amphoteric, he and the alkali will produce aluminate, and after the action of acid, can produce the acid of aluminum salt. There are more than ten types of homogeneous alumina crystals, of which γ-Al2O3, β-Al2O3, and α-Al2O3 (corundum) are the main three crystal types. Different structures and the properties of alumina are also different, but when alumina is at a high temperature above 1300℃, it will be converted entirely into α-Al2O3.
Alumina has a wide range of uses
Alumina is divided into calcined alumina and ordinary industrial alumina, calcined alumina is the necessary raw material for the production of antique bricks, and industrial alumina can be used to produce microcrystalline stone in the traditional glaze; alumina is commonly used as whitened.
The use of alumina is extensive; electronics, petroleum, chemical, refractory materials, ceramics, plastics, textile, paper, pharmaceutical, and many other fields can see its figure, generally unique properties of alumina and aluminum hydroxide. More than 90 percent of alumina is used as a raw material for electrolytic aluminum smelting.
There is a wide variety of non-metallurgical aluminum oxide; there are more than 300 types, and each type has excellent physical and chemical properties, but the price is much higher than gold aluminum oxide.
Taking high-purity ultra-fine alumina as an example, because of its high melting point, high hardness, high resistance, good mechanical properties, wear resistance, corrosion resistance, heat resistance, and other excellent properties, it is widely used in single crystal materials, advanced porcelain, artificial bone, semiconductor, abrasive materials, integrated circuit board, recording tape filler, catalyst and its carrier, laser materials, cutting tools and other fields.
High-purity alumina is the primary raw material for producing heat-resistant, wear-resistant, and corrosion-resistant products. High-purity alumina is also used for transparent alumina sintered bodies, fluorescent carriers, special gas additives, and many other aspects; the scope of application is extensive.
Alumina price trend forecast for 2023
According to the "alumina production process," bauxite is the most critical component of alumina cost, accounting for about 40% of the production cost; alumina production capacity shows apparent resource-oriented and regional concentration, and the future alumina production capacity will be more concentrated to the port area with lower transportation costs.
Under the pattern of overcapacity, producers focus on cost leadership. Capacity cross-regional replacement, industrial chain integration layout, and production line scale upgrade have become industry trends. Since the total capacity has been in excess, and the difference in production costs leads to the supply elasticity of alumina being more significant than that of electrolytic aluminum, the profit margin brought by the short-term supply shortage will stimulate the rapid response and adjustment of alumina supply, and promote the return of supply and demand to balance. Hence, the price of alumina is difficult to trend upward, and it is predicted that the price of alumina will rise first and then fall in the second half of the year.
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