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Home / Metal News / Growing Oversupply Hurts Alumina Prices in China Guizhou

Growing Oversupply Hurts Alumina Prices in China Guizhou

iconJun 9, 2015 11:28
Source:SMM
Alumina prices in China’s Guizhou province lost 50 yuan per tonne to 2,400 yuan ($387) per tonne last week as local supply glut escalated, SMM data showed.
SHANGHAI, Jun. 9 (SMM) – Alumina prices in China’s Guizhou province lost 50 yuan per tonne to 2,400 yuan ($387) per tonne last week as local supply glut escalated, SMM data showed. 
 
Only 630,000-tpy of aluminum capacity is running in the province, overshadowed by 3.7 million tonnes of alumina capacity, highlighting the overhang of alumina, according to SMM statistics.
 
Guizhou Huajin Aluminum’s phase one 800,000-tpy alumina project has started mass production, and is slated to put its phase two 800,000-tpy alumina project on trial August 29, SMM has learned. 
 
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China alumina capacity
China alumina prices
Guizhou
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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