Chalco sets price floor for alumina as WFA market looks for direction

By Sybil Pan
Published: Tuesday, 14 July 2020

Chalco has made a pricing announcement on alumina, including both metallurgical and non-metallurgical grades, which is expected to improve market sentiment for white fused alumina (WFA) in a complex market characterized by flatlined demand and rising feedstock costs.

China’s largest aluminium producer, Aluminum Corp of China (also known as Chalco), has set price floors on deals for non-metallurgical grade alumina at 2,600 yuan ($371) per tonne and for metallurgical grade material at 1,690 yuan per tonne.

The price adjustment took effect on Thursday July 9...

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