Chalco sets price floor for alumina as WFA market looks for direction
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
The price adjustment took effect on Thursday July 9...