Key information from the pricing session for Fastmarkets' alumina index, fob Australia, on Friday July 3.
The index is at its highest since March 26, 2020, up 4.4% since the beginning of June. https://www.metalbulletin.com/My-price-book.html?Price=42047
Key drivers:
Chinese demand increased following production cuts, a higher SHFE aluminium price and confirmation that Chalco is idling 1 million tonnes of capacity at its Hauxing alumina refinery. A deal for...