BAUXITE & ALUMINA CONF: Hydro's Alunorte alumina production cut, force majeure point to short-term Atlantic premium

摘要

The Atlantic alumina market will swing back to a premium over the Pacific as a result of a 50% cut to output, and subsequent force majeure announcement, from Hydro's Alunorte refinery in Brazil, according to market participants spoken to by Metal Bulletin.The tightness resultant from the cut to Hydro's production will be sufficient to see alumina trade at a premium in the Atlantic, while absolute prices also rise, in the short term, sources said on the sidelines of Metal Bulletin's 24th Bauxite and Alumina conference in Montego Bay, Jamaica.