Recently, the market price of domestic alumina raw materials in China has continued to rise. According to reports, the current transaction price in the northern market is mostly at 3,000 yuan/ton. Due to the continuous rise of raw materials, and the increase in industrial electricity consumption, YuFa Group is facing tremendous pressure in the production of fused alumina and calcined alumina. Under this circumstance, YuFa Group still strives to maintain the quotation level, and we will resolutely not take the lead in price increases. YuFa will try to support downstream customers with stable prices.
In addition, due to the rise of domestic raw materials, international freight rates have repeatedly hit record highs since the epidemic, and domestic alumina export manufacturers are also facing huge challenges. Yufa Group is also actively looking for solutions to meet this challenge! While striving to maintain high-quality production, we will do our best to maintain a stable price level, and bring the best products to customers at home and abroad.
YuFa Group believes that we are not afraid of challenges, dare to challenge, and will eventually overcome the challenge! YuFa Group will also move towards a broader market and get further development!