Calcined alumina market on hold as participants assess fallout from Covid-19

摘要

Calcined alumina prices remained stable in early April after a decline over previous months, with both producers and consumers assessing the consequences of the Covid-19 pandemic for local operations. The lack of clarity about the short- to medium-term effects of the outbreak on local economies has made both the sell and buy sides of the supply chain resort to covering only their immediate requirements, without taking any longer-term positions. "There is no strategy now except survival," one seller said.