ALUMINA SNAPSHOT: Demand from China pushes alumina index above $260/t

Key information from the pricing session for Fastmarkets’ alumina index, fob Australia, on Friday July 3.



The index is at its highest since March 26, 2020, up 4.4% since the beginning of June.  

Key drivers: 

Chinese demand increased following production cuts, a higher SHFE aluminium price and confirmation that Chalco is idling 1 million tonnes of capacity at its Hauxing alumina refinery.  A deal for 30,000 tonnes of Australian alumina was...

Published

Alice Mason

July 03, 2020

16:03 GMT

London