China alumina price hits fresh all-time high, set to remain elevated in near term
October 15, 2024 Comments Off
China’s alumina spot prices hit a fresh all-time high Oct. 15 led by bauxite supply disruption out of major exporter Guinea and strong downstream demand, with industry sources expecting the momentum in alumina prices to continue in the coming months. Platts, S&P Global Commodity Insights, assessed Chinese domestic alumina at Yuan 4,450/mt ex-works Shanxi Oct. 15, up Yuan 50 on…
China alumina price hits fresh all-time high, set to remain elevated in near term
China’s alumina spot prices hit a fresh all-time high Oct. 15 led by bauxite supply disruption out of major exporter Guinea and strong downstream demand, with industry sources expecting the momentum in alumina prices to continue in the coming months. Platts, S&P Global Commodity Insights, assessed Chinese domestic alumina at Yuan 4,450/mt ex-works Shanxi Oct. 15, up Yuan 50 on…
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