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Mysteel: China alumina prices continue to edge higher driven by low supply

Source: Mysteel May 13, 2025 18:01
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Alumina Bauxite Demand Price Supply
As of May 9, Mysteel daily assessments for Shanxi spot alumina were Yuan 2,870-2,930/t, EXW and including VAT, rising Yuan10/t from a week ago
China's alumina prices continued to edge higher last week driven by expanding production cuts. We observed a further decline in alumina operating capacity in China due to maintenance and supply shortages of bauxite. Besides, a major alumina producer in northern China reportedly failed to pass the technical transformation approval

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