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Cost support battles weak demand; short-term ADC12 prices move sideways
26 Jul 20265MINS
Recycled AL
Aluminium scrap: This week, the aluminium scrap market stayed high while moving sideways, with overall limited price fluctuations. On July 23, SMM A00 spot aluminium prices closed at RMB 23,260 per tonne, up slightly by RMB 90 per tonne W-o-W. Regarding the price spread between primary aluminium and scrap, on July 23, the price difference between A00 aluminium and mixed aluminium extrusion scrap free of paint in Foshan was approximately RMB 2,100 per tonne, and the price difference between A0 ...
Middle East conflict reaches Indian supermarket through Diet Coke, squeezing aluminium can supply
25 Jul 20262MINS
End User
The effects of the ongoing Middle Eastern conflict are now being felt beyond global shipping lanes, reaching supermarket shelves in India through a higher-priced Diet Coke. Supply disruptions affecting aluminium cans have prompted Coca-Cola to change its packaging strategy, illustrating how geopolitical tensions can quickly ripple through consumer goods supply chains. According to a Reuters report, commercial shipping through the Strait of Hormuz, a vital route for aluminium cans and related ...

25 Jul 20267MINS
Downstream
This week, the operating rate of leading Chinese aluminium downstream processors fell to 61.1 per cent, down 0.2 percentage points W-o-W. The off-season effect deepened, putting broad-based pressure on various sectors. Aluminium plate/sheet and strip, aluminium wire and cable, and aluminium foil kept operating rates stable, providing bottom support, while primary aluminium alloy led the decline, and aluminium extrusion and secondary aluminium moved lower this week. The operating rate of prima ...
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