The Asia Pacific alumina price was steady atn$343/mt on Tuesday, unchanged from Monday.nThere were no offers heard Tuesday, and marketnparticipants said spot alumina was likely to benrangebound at $340-350/mt in the near term.n“The market is very quiet. People are expectingnprices to fall further so they want to wait andnsee,” a China trade source said. “We receivednsome offers last week, but have not heard anythingnthis week. Buyers’ indications are aroundn$340-343/mt now.” “We are not in the marketnnow and probably won’t be for the rest of thenyear, and we expect prices to range at $340-350mt in the short term,
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