Alumina Market Report May 2011

In May, Chinese alumina price kept fluctuating and declining, while some manufacturers were expected to face losses again.Asian Metal Copyright02KW since June 1, while electrolytic aluminum producers were expected to face production limitation in future market and the future electrolytic demand was not positive.Asian Metal Copyright The market was in thin trading, while the traders were mainly looking on the market.Asian Metal Copyright At the end of May, NDRC announced that the price of power utilized not by civilians was required to increase by RMB0.Asian Metal Copyright However, most of the alumina producers showed no interest in limiting and reducing production.Asian Metal Copyright The oversupply situation of alumina market was unlikely to improve.Asian Metal Copyright The oversupply situation of alumina market was unlikely to improve.Asian Metal Copyright At the end of May, NDRC announced that the price of power utilized not by civilians was required to increase by RMB0.Asian Metal Copyright At the end of May, NDRC announced that the price of power utilized not by civilians was required to increase by RMB0.02/KW since June 1, while electrolytic aluminum producers were expected to face production limitation in future market and the future electrolytic demand was not positive.
.Asian Metal Copyright However, most of the alumina producers showed no interest in limiting and reducing productionAsian Metal Copyright