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Alumina prices expected to retreat in China amid weak demand
February 13, 2014 - 08:26 GMT
Chinese alumina importers are expecting lower prices this week, with local demand weak and aluminium prices still depressed.
No deals were heard this week and offers were in the range
of $340-350 per tonne cif China, according to market
participants. Last week offers were around $357-358 per tonne.
Some importers said they would accept $330-333 per tonne fob
Australia, compared with $335 last week. Metal Bulletin's
alumina index dropped slightly to $334.57 per tonne fob
Australia on Friday, February 7. Converting
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Euromoney Institutional Investor PLC.
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