Alumina Prices at $... per mton Seen Ahead
1. As expected, alumina prices have reached HARBOR's target of $...per mton.
2. HARBOR sees alumina prices rallying further toward $... per mton in 2021.
3. However, for 2022, alumina price increase may be capped by growing production surplus.
1. China’s imported bauxite market remains in a supply deficit position as Guinean shipments have yet to fullt recover to their pre-rainy season levels.