Alumina may remain stable before the Spring Festival
The national average price of alumina is 2,874 yuan per ton, up 2 yuan per ton compared with last week.FOB Australian alumina at $387 per ton, down $5 per ton.Aluminum plant centralized procurement winter storage goods completed, intermediate traders are more cautious, no new transactions.Alumina prices may remain stable as the Spring Festival approaches.
In December (31 days), China's alumina (metallurgical grade) output was 6.179 million tons, up 11.22% year on year, and the average daily output was 199,000 tons, down 1.69% month on month.China's total alumina production from January to December 2018 was 70.479,000 tons, up 3.01 percent year-on-year.In December (31 days), China's electrolytic aluminum output was 2.992 million tons, down 0.3 percent year-on-year, and China's total electrolytic aluminum output in 2018 was 36.117 million tons, down 0.6 percent year-on-year.
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