Alumina export orders heard this week as export window opens

Price Review & Forecast 04:07:40PM Jul 13, 2018 Source:SMM

SHANGHAI, Jul 13 (SMM) – Export orders for alumina were heard to be signed this week as the export window opened, SMM learned.

The spread between alumina prices in Shandong province and Australian alumina FOB prices stood at some $17/mt as of Friday July 13.

However, we expect future export volumes to be limited as domestic alumina prices rebound rapidly.

Domestic alumina prices averaged 2,878 yuan/mt as of July 13, up 138 yuan/mt from a week ago, according to SMM assessments.

Key Words:  Tradeflow   Alumina 

Alumina export orders heard this week as export window opens

Price Review & Forecast 04:07:40PM Jul 13, 2018 Source:SMM

SHANGHAI, Jul 13 (SMM) – Export orders for alumina were heard to be signed this week as the export window opened, SMM learned.

The spread between alumina prices in Shandong province and Australian alumina FOB prices stood at some $17/mt as of Friday July 13.

However, we expect future export volumes to be limited as domestic alumina prices rebound rapidly.

Domestic alumina prices averaged 2,878 yuan/mt as of July 13, up 138 yuan/mt from a week ago, according to SMM assessments.

Key Words:  Tradeflow   Alumina