Alumina production cuts, price decline is expected to be limited
According to Baichuan Information, the weighted average cost of domestic alumina in September was 2,714.29 RMB / ton, and the domestic alumina in the previous period once climbed to 3,350 RMB / ton. Due to the decline in overseas exports and the recent production of 1 million tons of alumina in China's Xinfa Chemical, the price Falling back is also reasonable. However, as the price gradually approaches the cost line of alumina producers in Shanxi, the price decline has been limited.
News Date: Oct 25th, 2018 Reported by Doreen.