Surplus alumina in China following illegal smelting capacity closures

摘要

CRU’s China Alumina Basket Price has decreased byRMB10/t ($1.49/t) this week to RMB2,470/t ($368.05/t).There has only been a slight price declines occurring inGuangxi province this week, where supply of alumina istraditionally sufficient. Otherwise, activity remains veryquiet in the Chinese alumina market as buyers and sellersstruggle to reach any pricing agreements.