This week, domestic aluminium scrap prices in China remained largely stable, with some slight increases. Although primary aluminium prices rose notably, aluminium scrap struggled to catch up, and the price difference between A00 aluminium and aluminium scrap stayed high. In terms of prices, as of...
Macro perspective: Fed Chairman Warsh delivered a hawkish speech at the Jackson Hole symposium, lifting market expectations for a September rate hike to around 60 per cent, while the US dollar consolidated amid fluctuations, unsettling the nonferrous metals sector. The Fed's latest Beige Book...
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Futures: SHFE aluminium's most-traded contract opened at RMB 24,350 per tonne during the night session on May 28, with the highest price at RMB 24,390 per tonne, the lowest price at RMB 24,305 per tonne, and closed at RMB 24,385 per tonne, up 0.41 per cent from the previous close. Prices at night...
Futures: SHFE aluminium's most-traded contract opened at RMB 24,350 per tonne during the night session on May 27, with the highest price at RMB 24,405 per tonne, the lowest price at RMB 24,205 per tonne, and finally closed at RMB 24,275 per tonne, down 0.86 per cent from the previous close. The...
According to SMM statistics, the total scale of alumina projects currently under construction or in the planning stage in Guinea has exceeded RMB 11.4 million tonne per year, with new capacity expected to be gradually commissioned after 2028. From a project structure perspective, Chinese-invested...
Futures: SHFE aluminium closed at RMB 24,560 per tonne in the night session on May 26, down 0.04 per cent from the previous close. The price rebounded to near above MA5 (24,515.39), running near MA10 (24,497.17) and MA20 (24,524.02), still below MA40 (24,598.36) and MA60 (24,633.48). The moving...
According to customs data, China's aluminium plate/sheet and strip (tariff codes 76061121, 76061129, 76061191, 76061199, 76061220, 76061230, 76061251, 76061259, 76061290, 76069100, 76069200) exports totalled 327,900 tonnes in April 2026, up 18 per cent M-o-M and up 18 per cent Y-o-Y. By trade mode,...
Kazakhstan: The chain that works, and plans to grow Kazakhstan's aluminium industry is essentially the story of one company in one city. Eurasian Resources Group, in which the Kazakhstani government holds a 40 per cent stake, operates an integrated cluster in Pavlodar that spans from mine to...
According to China's General Administration of Customs, domestic bauxite imports in April 2026 totalled 19.743 million tonnes, down 9.4 per cent M-o-M and 4.6 per cent Y-o-Y. From January to April 2026, domestic cumulative bauxite imports reached 77.728 million tonnes, up 14.7 per cent Y-o-Y. In...
According to customs data, China's total aluminium foil exports (tariff codes 76071110, 76071120, 76071190, 76071900, 76072000) reached 114,400 tonnes in April 2026, up 10.5 per cent M-o-M but down 6.2 per cent Y-o-Y. Trade mode: In April 2026, China's aluminium foil exports via processing trade...
According to SMM statistics, as of May 21, aluminium billet inventory across major consumption regions in China totalled 205,500 tonnes, down 28,500 tonnes W-o-W (Thursday), with destocking accelerating. Warehouse withdrawals totalled 55,700 tonnes during May 12-18, an increase of 14,200 tonnes...
Futures: The most-traded aluminium alloy contract AD2607 closed at RMB 23,115 per tonne overnight, up RMB 35 from the previous trading day, a gain of 0.15 per cent. Trading volume was 2,299 lots, open interest was 15,130 lots, down 15 lots slightly, indicating relatively small divergence in capital...
Today, the General Administration of Customs released import and export data for April 2026. Customs data showed: Imports of unwrought aluminium alloy in April 2026 were 73,500 tonnes, down 15.4 per cent YoY and down 12.9 per cent M-o-M. Cumulative imports from January to April 2026 were 313,900...
Futures: SHFE aluminium closed at RMB 24,510 per tonne yesterday, up 0.35 per cent. The price stood above MA5 (24,423) but remained suppressed by MA10 (24,520), MA30 (24,603.83), and MA60 (24,619.33), with the short-term moving average bearish alignment not yet reversed. MACD indicator DIF =...
According to the General Administration of Customs, domestic bauxite imports stood at 19.743 million tonnes in April 2026, down 9.4 per cent month-on-month and 4.6 per cent year-on-year. From January to April 2026, the total domestic bauxite imports reached 77.728 million tonnes, rising 14.7 per...
Futures: SHFE aluminium closed at RMB 24,445 per tonne, edging up 0.20 per cent. The price was above MA30 (24,351.47) but remained under pressure from MA5 (24,540), MA10 (24,504.5), and MA60 (24,607.17), with the short-term moving averages still in bearish alignment. The MACD indicator showed DIF =...
Futures: SHFE aluminium closed at RMB 24,320 per tonne, up 0.48 per cent, with an intraday high of 24,395 and a low of 24,250. The price barely held above MA30 (24,320) but remained suppressed by MA5 (24,506), MA10 (24,517), and MA60 (24,594), with the short-term moving average bearish alignment...
Futures: SHFE aluminium closed at RMB 24,305 per tonne, down 0.94 per cent. The price fell below all key moving averages (MA5=24,556, MA10=24,529, MA30=24,361, MA60=24,584.5), forming a bearish alignment with clear short-term weakness. The MACD indicator showed DIF=-68.9, DEA=-20.17, with negative...
This week, trading activity among China's aluminium fluoride enterprises was moderate, with aluminium fluoride prices remaining stable. As of now, SMM aluminium fluoride prices closed at RMB 11,480-12,000 per tonne; cryolite prices remained stable, with SMM cryolite quoted at RMB 7,000-8,500 per...
Macro perspective: Overall macro atmosphere leaned warm, with multiple positive factors resonating Ex-China, US April CPI data showed surging energy prices drove headline inflation to a three-year high, fuelling expectations for US Fed interest rate hikes within the year. US-Iran negotiations...
