Mysteel: China alumina prices see a slight rebound in some regions, but still under pressure

On Feb 21, Mysteel daily assessments for Shanxi spot alumina were Yuan 3,270-3,310/t, EXW and including VAT, down Yuan30/t from a week ago, and assessments for Shandong spot cargo were Yuan3,260-3,340/t, risng Yuan30/t from the previous week.

China's domestic alumina prices showed signs of stabilization last week, with partial rebounds observed in Shandong and Henan. The widening spread between China and overseas markets led to a sharp increase in alumina exports, boosting sentiment and prices in Shandong. It was reported that 84kt of alumina sourced from