The price of alumina in China is likely to continue edging higher while refineries in the country struggle to ramp up production amid a shortage of raw materials due to the outbreak of novel coronavirus (2019-nCoV) at the beginning of the year, market sources told Fastmarkets.
"Northern Chinese regions have removed almost 6 million tonnes of alumina production since the outbreak of the virus in January, which caused severe tightness in the alumina supply chain across China," an alumina analyst in Shanghai said last week.Fastmarkets' weekly price assessment for alumina metallurgical grade, ddp China stood at 2,500-2,620...