Chinese alumina prices for spot sales generally tracked higher across China's five alumina-producing areas on July 29, and those for domestic futures contracts also rebounded.
Image for referential purposes only
On Tuesday, Mysteel assessed the spot prices for smelter-grade alumina with purity exceeding 98.6 per cent at RMB 5 per tonne (USD 0.7 per tonne) higher from Monday in Shandong, Henan, and Guizhou provinces and in the Guangxi autonomous region. Prices in these areas averaged between RMB 3,205 per tonne and RMB 3,325 per tonne.
Similarly, the assessed price for Shanxi province material rose by a larger RMB 10 per tonne on day to reach RMB 3,240 per tonne the same day, Mysteel's daily tracking showed.
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