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Alumina prices in two Chinese provinces shoot up 45% M-o-M; average market pricing comes to RMB 5490/t

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Update time : 2024-11-12 15:21:25
As of Tuesday, November 12, the Shanghai Metals Market has continued on an upward price trajectory for alumina, with some of the province's prices reaching close to RMB 6000 per tonne. The average alumina price was RMB 5,490 per tonne, an additional RMB 49 compared to the previous day's pricing.

The alumina prices in the Lianyungang and Bayuquan regions have gained another RMB 100 per tonne, making them the regions showcasing the highest-priced alumina region among all listed provinces. Prices in both regions ranged from RMB 5,760-5,840 per tonne (average RMB 5,800 per tonne). The M-o-M price spike in the two Chinese port regions is a whopping 45 per cent.

As for the rest of the regions, Shandong, Guizhou and Guangxi's pricing ranged between RMB 5,400-5,500 per tonne with an average of RMB 5,450 per tonne (+50). Henan was listed as RMB 5,400-5,580 per tonne range on SMM for alumina (averaged RMB 5,490 per tonne, i.e. +40 compared to the previous day), and Shanxi witnessed the highest alumina pricing among these five regions with a range of RMB 5,450-5,660 per tonne and an average of RMB 5,555 per tonne.

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