Alumina Price Rally Set to Continue on Revaluation

Executive Summary
ALUMINA SPOT PRICE OUTLOOK

  1. As anticipated by HARBOR, alumina spot prices have continued to rally and have reached four-month highs. Alumina is trading at $…
     
  2. Current alumina spot prices remain considerably undervalued compared to: a) primary aluminum prices…
     
  3. Moreover, world alumina demand is expected to accelerate ahead. Chinese demand is set to…
     
  4. HARBOR sees alumina spot prices rallying toward $… per mton in the 2021-2022 period.

 

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