China alumina exports surge to seven-year high on widening glut


Overseas sales of the raw material for smelting aluminium more than doubled from a year earlier to 300,000 tonnes. — Reuters

Beijing: China’s growing glut of alumina pushed exports to their second-highest level ever in March, with shipments expected to remain elevated for several more months.

Overseas sales of the raw material for smelting aluminium more than doubled from a year earlier to 300,000 tonnes, according to the latest Chinese customs data. That figure was exceeded only in October 2018, when a refinery curtailment in Brazil and US sanctions on United Co Rusal International squeezed the global market. China’s alumina market has been on a roller-coaster of late.

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