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Smelter Grade Alumina

WEEKLY: China alumina slides toward ¥2,600-2,750/t range as capacity use dips to 79.77%, stocks hit 6.4Mt
Alumina
Last week, domestic spot alumina prices moved steadily with a weak bias, and market trading sentiment was muted. As of July 24, the weighted national average spot price for smelter-grade alumina with a minimum purity of 98.6 per cent stood at RMB 2,744 per tonne, dropped RMB 6 per tonne from a week earlier, according to Mysteel's price assessment. On the supply side, China's domestic alumina operating capacity stands at approximately 95.9 million tonnes per year. Recently, an alumina refinery ...
Aluminium grabs the headlines, but the LME alumina price trend quietly rewrites margins, economics and supply risk
Alumina
Aluminium prices command the market's attention because they determine the value of the finished metal that carmakers, packaging manufacturers and construction firms ultimately buy. Yet one step up the supply chain, a quieter benchmark has spent the past three years doing something aluminium rarely does: moving on its own terms. Alumina, the intermediate product refined from bauxite and smelted into primary aluminium, surged past USD 800 per tonne in late 2024, lost more than half its value w ...

Alumina
Mysteel's daily price assessment showed that the national average price for smelter-grade alumina with a minimum purity of 98.6 per cent dropped to RMB 2,748 per tonne, down RMB 2 per tonne compared to the previous day. The slight downward price trend can be attributed to the offering prices in two of China's five key alumina production regions. In Shanxi and Shandong, assessed prices for the same grade of alumina both declined by RMB 5 per tonne from the prior day, to RMB 2,775 per tonne and ...
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