Chinese alumina spot price exceeds long-term contract price in 2013

Chinese alumina spot price kept lower than long-term contract price last year.Asian Metal Copyright Although the gap narrowed in the second half of 2012, due to decreasing aluminum ingot price, it still existed and made some consumers hard to accept higher long-term contract price.Asian Metal Copyright Although the gap narrowed in the second half of 2012, due to decreasing aluminum ingot price, it still existed and made some consumers hard to accept higher long-term contract price.Asian Metal Copyright Alumina price went down as well, but the range was relatively limited and the price finally stabilized at production line.Asian Metal Copyright However, due to new aluminum smelting capacities’ coming on stream in Northwest China and soft demand, aluminum ingot price dropped to quite low levels, making alumina long-term contract price decrease obviously.Asian Metal CopyrightChinese alumina spot price kept lower than long-term contract price last year.Asian Metal Copyright Alumina price went down as well, but the range was relatively limited and the price finally stabilized at production line.Asian Metal Copyright Alumina price went down as well, but the range was relatively limited and the price finally stabilized at production line.Asian Metal Copyright Therefore, Chinese alumina spot price exceeded long-term contract price gradually in 2013.
.Asian Metal CopyrightChinese alumina spot price kept lower than long-term contract price last yearAsian Metal Copyright