WEEKLY: Chinese spot alumina prices firm

China's spot alumina prices remained firm during the March 27-April 2 week, as the domestic market stayed broadly balanced, though price strengthening was limited by increased spot availability.

According to Mysteel's price assessment, the national average spot price for smelter-grade alumina with a minimum purity of 98.6% had reached Yuan 2,783/tonne ($404.8/t) by April 2, up 0.3% from a week earlier. The 0.3% on-week uptick in prices was smaller than the previous week's 1% rise, indicating a moderation in