Falling Costs in North China and Declining Demand in South-West China Exacerbated Bearishness in Alumina Market

SHANGHAI, Mar 6 (SMM) – Against the backdrop of supply surplus, falling costs in north china have diminished the cost support to alumina prices. Sharply declining demand in south-west China will accelerate the drop in local alumina prices. In the short term, alumina prices will be vulnerable to decline in both south and north china, unless new developments occur that reverse the current oversupply.