SDK to Raise Prices for Aluminium Hydroxide and Alumina
Specifically, the price for aluminium hydroxide is to be raised by USD 90 per t or more as from shipments on 1 June 2012; the price for alumina by USD 130 per t or more as from shipments on 1 June 2012; and the price for fused alumina by USD 190 per t or more as from shipments on 1 July 2012. SDK has worked to increase production efficiency and made other efforts to reduce costs. As the costs of raw materials and fuels remain at high levels, however, it is not possible for SDK to fully absorb the increased costs through its own efforts. Thus, SDK has concluded that it has no alternative but to ask its customers to bear part of the cost increase in order to ensure the stable supply of its aluminium hydroxide and alumina (05/2012).