Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
14 JANUARY 2015 AL CIRCLE

China’s Q1 aluminium prices could dip to $1,957, predicts SMM

1MINS READ
Shanghai Metal Market forecasts that the overproduction in China coupled with the potential fall in the alumina prices could drag the spot aluminium price down to 12,000 yuan ($1,957) in Q1 2015.

The relentless Chinese aluminium output is likely to soar in Q1 while the consumption will not be as robust since all major aluminium processors will be closing shop for the Chinese New Year causing the aluminium stockpiles to grow.

With the current SMM spot price at 12,730 yuan as recorded on January 8, most of the aluminium capacities, nearly 42% or 12.71 million tonnes, are suffering a loss in cash lots.

The SHFE 103 aluminium contract on the other hand had a better performance finishing the night session at RMB 12,735/mt despite the lower start at RMB 12,705/mt.

Tagged with:

Price China SMM Forecast

Adv
Adv
Adv
Adv
Adv
Adv
Adv
1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.