Oversupplied Chinese alumina market faces more pressure from Alunorte progress

Most market participants expect the China domestic alumina price to fall further as more imported cargoes arrive in an already oversupplied market, delegates at the aluminium conference held in Qingdao on November 13-15 told Fastmarkets.

Sources estimated the average monthly surplus on domestic alumina would reach 200,000 tonnes in second half of the year.

“Roughly, I would say, the surplus each month now in...

Published

Hui Li

November 15, 2019

14:40 GMT

Shanghai