JV123
This may help you on Alumina price
Quote
Chalco slashes alumina price by 23%
By TONY JIN
Published: January 06, 2009 02:54 PM
Aluminum Corporation of China, or Chalco (NYSE: ACH, SHA: 601600, HKG: 2600), has cut its price of alumina by 23% to RMB2,000 per ton. "We lowered the price on January 2 in line with the spot market conditions," a Chalco senior manager said. Despite the cut, Chalco's products are still more expensive than the RMB1,800-1,900 price ranges offered by its rivals. Chalco started slashing alumina price in the fourth quarter of last year, bringing the price to RMB2,600 from RMB4,200 in the beginning of 2008. It was reported that Chalco is trying to deal with 4.1 million tons of alumina, or 38% of its capacity, left idle during the fourth quarter of 2008.
$1 = RMB6.8
Source: http://cn.reuters.com/article/chinaNews/idCNChina-3335720090105
bookmark | digg | Permalink
Unquote
JV123This may help you on Alumina priceQuoteChalco slashes...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ASQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.637M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 173603 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 44935 | 1 |
View Market Depth
| Last trade - 14.16pm 12/07/2024 (20 minute delay) ? |
| ASQ (ASX) Chart |
Day chart unavailable