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Expecting a World Alumina Market Deficit for 2020



  1. As expected, alumina spot prices have continued to rally.
  2. We have downgraded our forecast for China’s alumina production in 2020 to a contraction of... %.
  3. The global alumina market is set to shift to a deficit this year amid expectations of lower production in China.
  4. HARBOR’s analysis suggests Australia alumina spot prices have bottomed-out and are set to continue to rally in H2 2020 toward... per mton. 

More details in full report.