RPT-COLUMN-Aluminium pricing tensions mount as alumina surges again: Andy Home [Reuters (UK)]
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Source: Reuters
RPT-COLUMN-Aluminium pricing tensions mount as alumina surges again: Andy Home | Reuters 7 Min Read (Repeats with no changes. The opinions expressed here are those of the author, a columnist for Reuters) * Alumina prices: tmsnrt.rs/2CQh346 By Andy Home LONDON, Sept 11 (Reuters) - The alumina price is on a charge again. The CME cash contract, indexed against Platts’ assessment of the Australian price, is currently quoted at $626 per tonne, just shy of the record $643 seen at the start of May. In China spot prices are at their highest since December last year, according to Shanghai Metals Market. A walk-out by unionised workers at three Australian alumina refineries has injected yet more uncertainty into an already problematic supply equation. What has historically been a highly efficient part of the aluminium production chain is experiencing an unprecedented degree of turmoil this year. There is the potential for short-term relief if the strike at AWAC’s facilities ends and Norwegian
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