china aluminium network
Nalco Alumina prices
Edited by : AL CIRCLE
1 min read
Alumina, whose price is often calculated as close to 15% of London Metal Exchange aluminium price, has seen a downward correction in its price due to falling aluminium price globally.
He said while the cost of aluminium has come down due to turmoil in the US and Europe, going forward the price could rise.
“However, we believe that decline is limited from current levels ($2,340/t) as prices would be supported by rising cost (alumina, energy),’’ he said in the report.
He said while the cost of aluminium has come down due to turmoil in the US and Europe, going forward the price could rise.
“However, we believe that decline is limited from current levels ($2,340/t) as prices would be supported by rising cost (alumina, energy),’’ he said in the report.
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