Chalco Cuts Alumina Spot Prices By 7% To CNY2,650/Ton -Report-Shanghai Metals Market

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Chalco Cuts Alumina Spot Prices By 7% To CNY2,650/Ton -Report

Industry News 10:53:13AM Jul 01, 2010 Source:SMM

SHANGHAI, July 1 -- Aluminum Corp. of China Ltd. (2600.HK) has cut its alumina spot price by 7% to CNY2,650 a metric ton, effective July 1, information portal Umetal reported Thursday.

The company, also known as Chalco, sold alumina at CNY2,850/ton in June.

Alumina is made from bauxite and used to produce aluminum.


 
 

Chalco Cuts Alumina Spot Prices By 7% To CNY2,650/Ton -Report

Industry News 10:53:13AM Jul 01, 2010 Source:SMM

SHANGHAI, July 1 -- Aluminum Corp. of China Ltd. (2600.HK) has cut its alumina spot price by 7% to CNY2,650 a metric ton, effective July 1, information portal Umetal reported Thursday.

The company, also known as Chalco, sold alumina at CNY2,850/ton in June.

Alumina is made from bauxite and used to produce aluminum.