The domestic supply and demand gap in 2018 will cause alumina prices to continue to rise
Supply is limited, exports are increasing, and the domestic alumina market is turning from surplus to shortage, and alumina prices are expected to continue to rise. According to Aladdin data, in 2017, China's alumina output was 70.52 million tons, net import was 2.81 million tons, consumption was 72.96 million tons, and surplus was 370,000 tons. Imports in 2018 decreased year-on-year, and downstream electrolytic aluminum production still increased. The domestic alumina market will shift from a small surplus to a shortage.
News Date: August 27th, 2018. Reported by Doreen.