The global alumina market continues to make gains in Q1. As spot pricing has increased by more than 30 dollars/tonne since December, prices for alumina derivative products and chemical grades, although traditionally de-linked from smelter grades, have also gone up. Prices for alumina are now on the edge of topping the 500 dollars/tonne mark. This compares to a 440 dollars- 455 dollars/ tonne range reached during January. At the 17th Industrial Minerals congress in Barcelona last month, Ted Dickson, a consultant at TAK, said in his paper on refractory aluminas that if spot prices remain high for any length of time, further increases could eventually feed through to the non-metallurgical producers for their basic raw material.
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