Alumina Price OutlookAlumina prices rose over the past month, supported by healthy demand conditions in top consumer China. The base metal traded at USD 274 per metric ton on 6 November, which was 3.6% higher than on the same day in the prior month. However, the price was 3.1% lower than on the same day last year and was down 1.7% on a year-to-date basis. Upbeat Chinese demand supported alumina prices in recent weeks, amid a stronger-than-expected acceleration in industrial production in September. Chinese alumina imports soared 136% annually at the end of Q3, pointing to robust demand for the base metal and, in turn, boosting prices. The trend likely continued through the end of October, boding well for prices. Moreover, the market shrugged off news of planned winter production cuts in China, although uncertainty due to the U.S. elections weighed on prices in early November.
Alumina Price History Data (USD per metric ton, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Alumina Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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