China alumina price slips for fourth consecutive week on easing market tightness

Easing supply tightness in China’s alumina market continues to put significant pressure on the domestic alumina price and market players said they see possible further declines.

Fastmarkets MB's assessed Alumina MB Chinese free market metallurgical grade, delivered duty paid price dropped to 2,950-3,050 yuan ($429-443 )per tonne, its lowest since early August. Market players said there has been easy availability of spot alumina cargoes recently after increased output and production cuts among aluminium refineries. “After so many production cuts, the weak demand...

Published

Hui Li

December 10, 2018

08:35 GMT

Shanghai