EASING SUPPORT FOR ALUMINA SPOT PRICES. Amid Falling Costs and Oversupply Outlook

 
EASING SUPPORT FOR ALUMINA SPOT PRICES

 

Amid Falling Costs and Oversupply Outlook

SUMMARY

  1. Alumina spot prices continue in a downtrend, having fallen in June to a five-month low amid declining…
     

  2. World alumina demand is set to accelerate in 2H ‘23 as Chinese smelting restarts in…
     

  3. Nonetheless, alumina production growth is on track to outpace demand, as…
     

  4. HARBOR expects the world alumina market to post in 2023 its first surplus in four years and oversupply conditions to…
     

  5. The door remains open for Australian alumina spot prices to fall toward $… per mton.

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