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Pessimism over Alumina Prices in China Weighs Down Australia FOB Prices, SMM Says

iconJul 31, 2017 10:15
Source:SMM
Growing pessimism over alumina prices in Chinese market has forced alumina suppliers in Australia to cut offers, SMM learned.

SHANGHAI, Jul. 31 (SMM) – Growing pessimism over alumina prices in Chinese market has forced alumina suppliers in Australia to cut offers, SMM learned.

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FOB price of Australian alumina slid $ 1/tonne to $ 305.5/tonne last week. 

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The weighted average alumina price in domestic four major markets dropped 16 yuan/tonne week-on-week to 2,526 yuan/tonne as of July 28, SMM data showed. 

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Australia alumina FOB Prices
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