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Alumina Spot Prices Near Bottom, Upside Still Capped by Fundamentals

Special Price Outlook Report

Executive Summary

  1. Alumina spot prices have fallen to their lowest level since May 2017.

  2. HARBOR sees Australia alumina prices in a bottoming-out process.

  3. Industry fundamentals signal lower average alumina spot prices in 2020 compared to 2019.

More details in full report.