Alumina Prices

Alumina prices averaged USD 344 per metric ton in April, down 21.7% from March. On 30 April, the commodity traded at USD 348 per metric ton, down 9.5% from 31 March.

Prices fell for the fifth month running in April on the heels of fading supply disruptions and higher Chinese and Indonesian output; exports from China rose to a near seven-year high in March due to a wide domestic surplus of the metal. Moreover, rising trade tensions between the U.S. and China added downward pressure to prices.