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Chalco raises spot alumina prices by 10 pct

Monday, Jan 19, 2009
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HONG KONG, Jan 19 (Reuters) - Aluminum Corp of China Ltd (Chalco) (2600.HK)(601600.SS) has raised spot alumina prices by 10 percent to 2,200 yuan ($321.8) per tonne from Monday, the first hike this year, according to its website. (www.chalco.com.cn) Chalco, the country's top aluminium firm and the world's third-largest alumina producer, cut spot alumina prices by 23 percent in the beginning of this year. ($1=6.833 yuan)

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