Will Transport Disruptions from Flooding Lift Alumina Prices? SMM Reports

Published: Jul 4, 2017 15:52
Cargo transport around Liaodun Station in Lanzhou-Xinjiang rail line has been suspended from July 2 as a result of flooding.

SHANGHAI, Jul. 4 (SMM) – Cargo transport around Liaodun Station in Lanzhou-Xinjiang rail line has been suspended from July 2 as a result of flooding, and when transport will return to normal is subject to notice by railway bureau. 

SMM learned from alumina producers that this move has affected alumina shipments to Xinjiang. However, the suspension may last no more than one week. 

Chinese Aluminum Smelters to Face Rising Power Costs, SMM Expects

As such, alumina prices will get little boost, SMM understands.    

SMM Alert: East Hope Output Cut Fuels Surge in SHFE Aluminum

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Will Transport Disruptions from Flooding Lift Alumina Prices? SMM Reports - Shanghai Metals Market (SMM)