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Home / Metal News / SMM Sees No Alumina Price Rally in China, despite Massive Output Cuts

SMM Sees No Alumina Price Rally in China, despite Massive Output Cuts

iconNov 19, 2015 10:47
Source:SMM
Alumina prices in China are nowhere near bottom, despite massive capacity cuts, SMM predicts.

SHANGHAI, Nov. 19 (SMM) – Alumina prices in China are nowhere near bottom, despite massive capacity cuts, SMM predicts. 

Continuous declines in aluminum prices will weaken support on alumina prices from production cuts, SMM aluminum analyst explained.

Alumina prices have lost almost 33.7% since the start of the year, pushing some refineries into losses. In response, three alumina refineries under Chalco recently announced 2.12 million-tpy capacity cuts. Jinjiang Group is mulling over 1.3 million-tpy cuts. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.


Alumina prices
China alumina capacity

For queries, please contact William Gu at williamgu@smm.cn

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