China market update: Aluminium derivatives pricing trend decoded

Last week’s market has been all about dynamic pricing across the aluminium sector — both for AL as a product and, in turn, for the affected allied industries. The market spots records of resuming downstream production after a prolonged Chinese holiday break. Hence, owing to the growing bullish sentiment in the new-energy auto sector, prices for several key primary commodities (generally termed as primary or raw material) show distinctive trends that market participants should closely monitor.
Aluminium: upward momentum with consolidated ranges
Aluminium prices have registered a fair increase, with the LME average price rising by 0.46 per cent to USD 2,648 per tonne.
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