ALUMINA INDEX: Price pressure persists while buyers eye easing tightness

Benchmark alumina prices made marginal declines this week in a period of slow trading though the steeper slide is expected to resume as Australian alumina become more abundantly available, market participants told Metal Bulletin.

Metal Bulletin’s fob Australia alumina index settled at $309.08 per tonne on Thursday April 20, a decline of 50 cents per tonne from the previous week’s calculation. “We would expect that seaborne prices would fall in line with the Chinese domestic market but people are paying up for specific origins or laycans, which has held the price here,”...


Charlotte Radford

April 20, 2017

17:08 GMT