Brazilian alumina exports rise 62% in August

Total alumina exports from Brazil totaled 908,008 tonnes in August, significantly up from 559,668 tonnes in the corresponding period of 2021.

Volumes from Belém port, in northern Pará state, were 516,803 tonnes, up 25.55% from 411,629 tonnes a year earlier. But most of the overall growth came from a 170.43% annual increase in shipments via the São Luís port in Maranhão, which exported 388,204 tonnes, up from 143,551 tonnes.

See below the track record of the alumina (HS 2818) volume exported by Brazil from Brazil between January 2021 and July 2022. The data is from DataLiner.

Alumina Exports from Brazil | Jan 2021 – Jul 2022 | WTMT

Source: DataLiner (click here to request a demo)

The Alunorte refinery, owned by Norsk Hydro, operates in Pará state. Alumar, whose shareholders are Alcoa, South32, Rio Tinto and Alumina Ltd, is located in Maranhão.

During August, export revenues totaled $350.6 million, rising by 119.96% from $159.4 million a year earlier, the ministry said. Average prices on an fob basis were $386.14 per tonne, 35.57% higher than $284.82 per tonne in August last year.

Source: Fast Markets

To read the full original article, please go to: https://www.fastmarkets.com/insights/brazilian-alumina-exports-rise-62-in-august

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