Resumen de Calcined alumina outlook
Suppliers debate whether calcined alumina can break the oversupply wall in a bearish 2020 scenario, writes Davide Ghilotti.
[...]end markets do not improve, we cannot see how this would change. [...]that the alumina price is down, the companies who don’t produce SGA themselves have more ability to drop their market prices and can go lower compared with a vertically integrated producer who has fixed costs,” one said. [...]of a higher share of the market sourcing third-party feedstock, participants expect closer correlation between the SGA price and the prices for speciality calcined alumina, potentially creating higher volatility in the non-met space.
