Chinese alumina price rebounds slightly on production cut news

The price of alumina in China edged higher this week, breaking a run of 14 consecutive weekly declines, on reports of substantial production cuts in the country.

Fastmarkets’ weekly price assessment of alumina metallurgical grade, ddp China stood at 2,330-2,460 yuan ($333-352) per tonne on Friday December 27, up by 30-40 yuan per tonne or 1.5% from 2,300-2,420 yuan per tonne a week earlier, when the price was at its lowest since May 22, 2017.

“Our deal price increased from 2,430-2,440 yuan per tonne to 2,450 yuan per tonne on an upward trend...

Published

Hui Li

December 27, 2019

11:27 GMT

Shanghai