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STRUCTURAL CHANGE. Global Alumina Surplus to Increase Further on China

SUMMARY: Q3 2023 world alumina demand reached record levels after smelting restarts in China, Brazil, and Canada. However, world alumina production continued to outpace demand, given higher...

  • World metallurgical alumina demand increased in Q3 2023 to an all-time high of...
     

  • Nevertheless, world metallurgical alumina production is still...
     

  • The current world alumina surplus is expected to widen in 2014 as China is...
     

  • Alumina spot price trends are diverging across ROW and Chinese markets. Australian alumina spot prices have faced downward pressure since...
     

  • HARBOR expects lower Australia spot prices (fob) for 2024. HARBOR expects alumina prices to...