Will Transport Disruptions from Flooding Lift Alumina Prices? SMM Reports

Published: Jul 4, 2017 15:52
Cargo transport around Liaodun Station in Lanzhou-Xinjiang rail line has been suspended from July 2 as a result of flooding.

SHANGHAI, Jul. 4 (SMM) – Cargo transport around Liaodun Station in Lanzhou-Xinjiang rail line has been suspended from July 2 as a result of flooding, and when transport will return to normal is subject to notice by railway bureau. 

SMM learned from alumina producers that this move has affected alumina shipments to Xinjiang. However, the suspension may last no more than one week. 

Chinese Aluminum Smelters to Face Rising Power Costs, SMM Expects

As such, alumina prices will get little boost, SMM understands.    

SMM Alert: East Hope Output Cut Fuels Surge in SHFE Aluminum

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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