13 NOVEMBER 2025Mysteel
MYSTEEL: Oversupply keeps China alumina prices under near-term pressure
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Meanwhile, China's imports of alumina climbed as overseas material remained cheaper than the domestic supply. Mysteel data showed that the average price of Australian alumina (purity above 98.6per cent) fell 4.5 per cent on a month to USD 344.4 per tonne CIF Lianyungang in October. By comparison, China's weighted national average price for the same grade of domestic alumina dropped 5 per cent to RMB 2,920 per tonne(USD 410.2 per tonne), still USD 65.8 per tonne higher than imported material.
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