DAILY: Chinese spot alumina prices stay firm, caution prevails

Chinese alumina prices stayed largely firm in the spot market on June 5, with the national average price of smelter-grade alumina with a minimum purity of 98.6% assessed by Mysteel at Yuan 2,707/tonne ($400/t), unchanged for five days straight.

This steadiness was mirrored across key regional markets. In China's five major alumina production regions - Shandong, Henan, Shanxi, Guizhou, and Guangxi – the assessed prices for the same grade of material also held steady, averaging between Yuan 2,675/t and Yuan 2,780/t. Meanwhile, domestic alumina futures fluctuated on the final trading day of last week.