China’s Alumina Import Window Remains Closed

SHANGHAI, Mar 6 (SMM) – Two transactions were heard in overseas alumina market last week. One deal for 30,000 mt of alumina was done at $369/mt FOB Western Australia, for shipment in late March, and the destination was unknown. The price was down $2/mt from the previous transactions on February 15, and was equivalent to about 3,145 yuan/mt CIF China. Another deal for 45,000 mt of alumina was struck at $368.5/mt FOB Western Australia, for shipment in April, and the destination was unknown. Overseas alumina prices, albeit down slightly, remained high. The import window has been closed since January 18.