NBS: China’s Sept alumina output up 3.9% on month
Oct 23, 2018 17:30
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China’s alumina output in September increased by a healthy 3.9% on month or 8.2% on year to 5.8 million tonnes, with the September result taking total production during the first nine months to 50.57 million tonnes, according to the latest data released by China’s National Bureau of Statistics (NBS) on October 22.
The on-month increase seems to relate to the climb in alumina prices last month, despite prices of primary aluminium being mediocre, Mysteel noted, with the daily average price for alumina in September surging by Yuan 204/tonne ($29.4/t) on month to Yuan 3,351/t including the 16% VAT on average.