04 MARCH 2011AL CIRCLE
Chinalco raises alumina price to stabilize long-term contract
Edited by : AL CIRCLE
1 min read
...Aluminum Corporation of China (Chinalco) announced that it raised spot alumina price to 3000 Yuan per ton, the growth reached 3.4%. The revised price quickly widened the gap with non-Chinalco alumina price. Industry advisory bodies Aladdin said the increase of alumina price aimed to reduce the hanged-upside-down price diferrence between spot price and long-term contract price. Afternoon market alumina spot traded price can only be cautiously bullish...
Previous article
Global Alumina Announces Joint Venture Budget Approval
Next articleNalco signs knowledge agreement
Grow with
AL Circle
