TICKING DOWN: Alumina Spot Prices Down As Anticipated

Summary

1. Lower alumina spot prices in China and falling energy costs drag down Australia’s alumina fob spot prices…

2. HARBOR expects a further retracement in Australian spot prices in 2024, now projected to average $… per mton…

3. Booming Chinese alumina production is propping up bauxite demand and prices. China’s domestic bauxite prices ended Q3 2023 at a multiyear high above…

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