China alumina imports jump after de-stocking
Dec 15, 2005 | 09:52 AM
|
China's alumina imports soared 63.3 percent to 680,000 tonnes in November from 416,483 tonnes the previous month, according to preliminary Chinese Customs data, pushing the 11-month total to 6.44 million tonnes, up 18.4 percent from a year earlier.
The November import jump followed heavy de-stocking of alumina during the first 10 months of the year, Macquarie Research analysts said in a report. The resumption of buying in November appeared to be a major catalyst behind the jump in spot alumina prices to around $620 a tonne, c.i.f. China, in November, it....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here