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Alumina Spot Prices Targeting $350 in 2019 as Production Growth Triples

机译:2019年氧化铝现货价格为2019年为350美元,因为生产增长三元组

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Alumina’s spot price decline continues and has even fallen below HARBOR’s short-term target of $450 per mton. As anticipated by HARBOR, Australian alumina spot prices have fallen to a seven-month low of $420 per mton, piercing our previously identified short-term target of $450 per mton. Spot alumina prices have fallen from $600 to $420 per mton in less than a month after Hydro announced that: a) its Brazilian Alunorte refinery, the world’s largest alumina refinery, will immediately restart 50% of its production capacity, and b) Alunorte's embargo to use a new bauxite residue deposit area has been lifted by federal environmental authorities. This implies it should not take too long before Alunorte can ramp-up to 100% of operating capacity. In China, domestic spot prices have increased slightly in the last week (up 5% to $383 per mton ex-works and excluding VAT), due to some alumina production curtailments.
机译:氧化铝的现货价格下跌持续下降,甚至低于港口的短期目标为每麦顿450美元。 由于港口预期,澳大利亚氧化铝现货价格下跌至七个月低420美元,刺穿了我们以前确定的450美元的450美元的短期目标。 现场氧化铝价格从30美元到420美元的价格在水电宣布的不到一个月内下降:a)其最大的氧化铝炼油厂的巴西·阿伦比特炼油厂将立即重启其生产能力的50%,而B)Alunorte的禁运 使用新的铝土矿残留矿床已被联邦环境机构提升。 这意味着在Alunorte可以升温到100%的操作能力之前,它不应该花太长。 在中国,由于一些氧化铝生产削减,国内现货价格略有增加(每麦顿工程和不包括增值税的5%至383美元)。

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