An open arbitrage window for importing alumina into China failed to attract a flurry of inquiries last week as domestic prices continued to slide, sources told Fastmarkets on Tuesday June 18.
"We've heard some inquiries since last week, but no concrete progress after that. Buyers are more reluctant to take imported cargoes now as they are concerned about future losses in a downward trending domestic market," one source said. New deals were heard on Monday for Chinese, free market, metallurgical grade alumina at 2,970 yuan...