| Chinese spot alumina prices stood steady Tuesday despite weaker aluminum prices this week, and trade activity was thin as market participants awaited clearer direction. Buyers shied away in anticipation of lower prices, should ingot levels fall further, while sellers eyed a possible rebound in aluminum prices in the near term.
"Aluminum prices have been falling this week, so there's no trades for alumina. Everyone is cautious. Metal has been very volatile and no one can be sure how the trend will go next, so they will just wait," a South China smelter said...............................................Full Article: Source
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