The spot alumina price in China's Henan was rangebound Wednesday at Yuan 2,860/mt ($465/mt) for 70:30 cash and credit payment terms, unchanged from September 30, as the market returned from an extended break from October 1-7 to celebrate National Day.
On Wednesday, Henan refiners' offers remained at Yuan 2,900/mt cash, with tradable levels pegged at Yuan 2,850-2,900/mt cash to partial credit terms. Spot trade was lacking as market participants took a wait-and-see attitude on their first day back, especially in view of weaker domestic aluminum prices...............................................Full Article: Source
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