Alumina Prices are Undervalued and Set to Rally
April 12, 2021
ALUMINA
1. Australia alumina spot prices have fallen to $... per mton FOB in April, down... % m/m given weaker Chinese demand for off-shore alumina amid recovery in domestic alumina production.
2. However, HARBOR sees alumina prices rallying in 2021 toward $... per mton as: a) alumina prices trade at their ...
3. Indeed, highly attractive smelting profitability is incentivizing the expansion and restart of primary aluminum production worldwide.