Alumina prices averaged USD 367 per metric ton in March, down 0.1% from February. On 29 March, the commodity traded at USD 367 per metric ton, up 0.3% from 29 February.
Prices were mostly unchanged in March relative to February. This highlights that a nationwide strike in late February in Guinea—top producer of alumina’s ore—did not significantly alter alumina production. Meanwhile, global aluminium output fell in February, which likely dented demand for alumina.
Alumina COMEX (prices in US$/mt, aop)
Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | |
---|---|---|---|---|---|---|---|---|
Alumina COMEX | - | - | - | - | - | 377 | 339 | 319 |