Platts proposes single CFR China Alumina price

Platts is planning to assess its CFR China Alumina price in the form of a single number effective February 1, 2011.

The published assessment, found on Platts Metals Alert real-time page PMA 0005 on a daily basis, is currently assessed as a low-high range.

The new assessment, which will be a midpoint price, will align with the other current assessments for alumina -- FOB Australia, Domestic China Ex-works Henan and Alumina Freight.

The methodology for the assessment will remain unchanged.

Please address any comments or questions to: Karen McBeth, tel. +1 202 383 2110, or karen_mcbeth@platts.com, Joanna Lim, tel. +61 2 4653 1870, or joanna_lim@platts.com or Yuen Cheng Mok (65) 6530-6577, or YuenCheng_Mok@platts.com, or alumina@platts.com.