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HARBOR’s New Price Target is the $200-$220 range

机译:港口的新价格目标是200美元 - 220美元的范围

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Alumina spot prices have declined sharply following the coronavirus outbreak in the Western World. Australia alumina spot prices have fallen to $225 per mton FOB, down 25% m/m and trading at the lowest level since February 2016. Alumina prices have followed a decline in LME aluminum prices (down 10% m/m to fresh four-year lows) and the entire industrial commodity complex as a result of the negative impact the coronavirus outbreak has had on world manufacturing activity. Spot prices in the Atlantic basin are being quoted at a $10-$15 discount to Australian prices. Adding to the downward pressure for prices is the ongoing alumina production restarts happening in China, as working and logistic conditions have been returning to normal after the coronavirus lockdown in that country. Indeed, alumina spot prices in China have declined 17% in the last month to $273 per mton (ex-works and excluding VAT), the lowest in almost three years.
机译:在西方世界的冠状病毒爆发后,氧化铝现货价格急剧下降。 澳大利亚氧化铝现货价格下跌至225美元,下跌225美元,下跌25%,自2016年2月以来的最低水平交易。氧化铝价格随访LME铝价下降(下降10%M / M至新鲜4年 低调)和整个工业商品复合体由于负面影响,冠状病毒爆发已经对世界制造业活动进行了影响。 大西洋盆地的现货价格被报价为澳大利亚价格10美元至15美元。 增加价格向下压力是中国发生的正在进行的氧化铝生产,因为工作和后勤条件在该国冠状动脉锁定后恢复正常。 实际上,中国的氧化铝现货价格在上个月下降了17%,达到每麦顿(前工程和不包括增值税)的273美元,这是近三年的最低点。

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