Big pressure on decline of domestic alumina price

At present, the domestic alumina price remains unchanged 3,900 yuna per ton, and the imported alumina price rises slightly to 4,100 yuan per ton. The market is waiting for the result of merchandise bid on April 25. 

Seen from the common sense reached by 13 non- China aluminum alumina enterprises in meeting held in Qingdao on 21th this month, the participates are still very optimistic to alumina price and think the rising raw material cost and great demand in aluminum are the main factors to support the price. According to the data of first quarter, the growth rate of alumina production is still significantly faster than aluminum, and the pressure on decline of alumina price has showes.

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