As some downstream electrolytic aluminum companies enter a period of concentrated procurement, purchasing willingness has increased, leading to a noticeable rise in “fixed price” transactions in the alumina spot market. Currently, confirmed samples show the following transactions in Shanxi province:
3,000 tons at 3,960 RMB/ton, sold by industrial traders to the northwest.
3,000 tons at 3,950 RMB/ton, sold by industrial traders to the northwest.
5,000 tons at 3,970 RMB/ton, sold by industrial traders to the northwest.
7,000 tons at 3,955 RMB/ton, sold by industrial traders to the northwest.
10,000 tons at 3,980 RMB/ton, with a visible contract, source unknown, Shanxi goods.
The market has not yet verified any transactions at 3,990 RMB/ton. Trade contracts for downstream electrolytic aluminum companies might be around 3,990 RMB/ton, including at least two months’ credit terms, making it difficult to deduce the ex-works price.
In Xinjiang, electrolytic aluminum companies are starting to procure out-of-stock alumina to replenish inventory, with out-of-stock prices not yet verified but generally around 2,410 RMB/ton plus a premium of 400-420 RMB/ton.
Overall, the main transaction prices for Shanxi ex-works alumina are concentrated between 3,950 and 3,970 RMB/ton, primarily involving traders and direct purchases by downstream electrolytic aluminum companies.
