29.03.2016 - Asia alumina prices rangebound amid holiday lull
The Platts Australian alumina daily assessment continued at $248.50/mt FOB on Monday, unchanged from Thursday last week, as spot activity remained limited amid the holiday lull. There was no assessment on Friday as many markets were closed for Good Friday. The UK market remained closed Monday and will resume on Tuesday. The China market will be closed next Monday for the Qingming festival. "There are people eying ingot prices for alumina direction, and London is off today [Monday], so we need to wait and see how metal prices move when the market returns tomorrow [Tuesday]," a source from a Henan smelter said...............................................Full Article: Source
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