ALUMINA INDEX: Seaborne market stabilises on demand optimism

Benchmark alumina prices stabilised this week, finding support from specks of interest from Chinese buyers and news of refinery capacity suspensions at Chalco.

Metal Bulletin’s fob Australia alumina index was calculated at $272.10 per tonne on Thursday May 18, up from $271.09 per tonne a week earlier.  “The seaborne alumina price now seems to be acceptable to Chinese buyers as it is somewhat equal to the domestic level,” a trader in northern China said.  Metal Bulletin assessed Chinese alumina prices in a range of...

Published

Charlotte Radford

Susan Zou

May 18, 2017

17:38 GMT

London