China's spot alumina prices, trading edge up

China’s spot alumina prices in the country’s five major production areas mostly ticked up on February 26, while futures prices dipped slightly. Spot price consistency in Southwest China fuelled some spot alumina trades in the region on Wednesday, according to market watchers.

On Wednesday, the average prices for spot alumina with a purity level of over 98.6% in three provinces nudged up, with those in Central China's Henan and East China's Shandong ticking higher by Yuan 5/tonne ($0.7/t) from Tuesday to reach Yuan 3,385/t and Yuan 3,355/t respectively. Mysteel's daily price