ALUMINA INDEX: Prices fall 5.3%; outlook 'bearish' on smelting cuts

Alumina prices fell 5.3% last week, as buyers made aggressive bids in a market that is expected to continue to decline.

Metal Bulletin’s fob Australia alumina index was calculated at $205.28 per tonne on Friday December 11, down from $216.60 in the previous week.
Consumers indicated that they would bid for material at $200 – a level which would no longer be an “unrealistic price”, given the speed of price falls seen in recent weeks, one consumer told Metal Bulletin.

“What we have are distressed...


Charlotte Radford

December 14, 2015

14:40 GMT