Metals News
[Al] Alumina Prices Rise in the Short Term With Strong Prices Decline and Production Cut Pressure
smm insight
01:16PM
Dec 7,2009
Source:SMM

SHANGHAI, Dec. 16 (CBI China) -- At present, domestic non-CHALCO alumina prices were RMB 1900-2100/mt, in the port imported alumina prices were USD 1900-2200/mt. Recently the alumina businesses had limited inventories and limited pressure on sales. As alumina prices are still slightly rising, and the downstream had low interest to purchase, leading obviously slow funds return, and therefore the overall transaction was moderate. With the increasing production cut of refined aluminum, alumina demand will definitely be affected, then the alumina price will drop, meanwhile some enterprises with high cost will likely cut production.


Copyright © 2008, CBI (Shanghai) Co., Ltd. All Rights Reserved.

None of this material may be used for any commercial or public use in any form or means, without the prior written consent of CBI China. For reproduction issue, please contact us by email: metalresearch@cbichina.com or tel:86-21-51550040

Aluminum Al
CBI China CBMB
Market movement
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related Price

No Data