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    CHALCO releases floor prices for aluminum hydroxide and non-metallurgical alumina

    2018-08-28 14:39:59   [Print]
    Aluminum Corporation of China Limited ("CHALCO" for short) recently released a notice about its floor prices for non-metallurgical alumina and ordinary aluminum hydroxide. Details are as follows:

    Based on changes of supply and demand in alumina market, and for the purpose of improving profitability, CHALCO and China Aluminum International Trading Co., Ltd. ("CHALCO International Trading" for short) will execute the floor price of RMB3,400/t (USD497/t) and RMB2,210/t (USD323/t) for selling spot non-metallurgical alumina and ordinary aluminum hydroxide respectively, effective from 12:00 on August 17, 2018.Asian Metal Copyright The loan payment method remains unchanged.Asian Metal Copyright The sales prices agreed in one-year term or long-term sale contracts or sales prices agreed in short-term contracts that are still being executed would remain unchanged.Asian Metal CopyrightDetails are as follows: Based on changes of supply and demand in alumina market, and for the purpose of improving profitability, CHALCO and China Aluminum International Trading Co.Asian Metal Copyright According to the notice, after the expiration of short-term contracts, CHALCO and CHALCO International Trading will execute the newly-agreed floor prices.Asian Metal CopyrightDetails are as follows: Based on changes of supply and demand in alumina market, and for the purpose of improving profitability, CHALCO and China Aluminum International Trading Co.Asian Metal Copyright The loan payment method remains unchanged.

    Hereby notify the above.

    17th August 2018

    CHALCO Marketing & Purchasing Department

    .Asian Metal Copyright, LtdAsian Metal Copyright
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