Home / Metal News / Aluminium / SMM Copper Aluminium Summit: Alumina price to stay supported
SMM Copper Aluminium Summit: Alumina price to stay supported
Mar 23,2018 12:09CST
industry newsprice review forecast
Source:SMM
There is limited downward room for alumina prices due to raw material costs and environmental concerns, according to Guo Qiuying, aluminium analyst at SDIC Essence Futures.  

SHANGHAI, Mar 23 (SMM) – There is limited downward room for alumina prices due to costs of raw material and environmental concerns, according to Guo Qiuying, an aluminium analyst at SDIC Essence Futures.  

With a rebound in prices of raw material and low social inventory of alumina, Guo believes that alumina is likely to trade at 2,500-3,500 yuan/mt this year with an average of 3,150 yuna/mt.

He told delegates at the SMM Copper Aluminium Summit on Friday March 23 that having fewer participants in the alumina industry will provide a stronger position to negotiate prices.  

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn 

alumina
aluminium
SMM Copper Aluminium Summit

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news