DAILY: Chinese spot alumina prices hold steady over Qingming Festival break

Chinese prices for spot alumina largely held firm ahead of and during the three-day Qingming Festival holiday over April 4-6, while those for alumina futures extended their downward slide on the last trading day before the holiday.

On April 3, Mysteel assessed the national average spot price for metallurgical-grade alumina with a minimum purity of 98.6% at Yuan 2,783/tonne ($404.2/t) including 13% VAT, unchanged for the third consecutive working day. Regionally, price assessments for the same grade of alumina also stayed flat across China's five key alumina-producing regions –