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PHDCCI organises’ Carbon Shift India 2026; calls for stronger carbon markets, MSME support and industrial decarbonisation
06 Jul 20266MINS
Sustainability
The PHD Chamber of Commerce and Industry (PHDCCI) organised "Carbon Shift India 2026 – CBAM Readiness for Indian Industry: Aligning Policy, Innovation & Competitiveness" at PHD House, New Delhi, bringing together senior government officials, policymakers, industry leaders, financial institutions, sustainability experts and technology providers to deliberate on India's preparedness for the European Union's Carbon Border Adjustment Mechanism (CBAM), industrial decarbonisation, carbon markets and ...
Outside China macro bullishness vs. supply bearishness, domestic destocking supports SHFE aluminium bottom
06 Jul 20268MINS
Primary AL
The most-traded SHFE aluminium contract opened at RMB 22,685 per tonne in the night session on July 3, with a high of RMB 22,830 per tonne, a low of RMB 22,685 per tonne, and closed at RMB 22,795 per tonne, down 0.20 per cent from the previous settlement. This session saw a rebound from lows, closing with a small bullish candlestick. The price climbed above the MA5 but remained below all medium and long-term moving averages: MA10 (22,699.69), MA20 (22,942.18), MA40 (23,368.01), and MA60 (23,6 ...

05 Jul 20262MINS
Primary AL
In early June, according to public information, the Kazakh Prime Minister met with the Vice Chairman of Xinfa Group. Xinfa expected that, based on its entire industry chain industrial park construction plan, the project will create a highly integrated production system, achieving full chain production from raw materials to high value-added aluminium products by deeply processing bauxite. After the project is put into operation, the annual alumina capacity is expected to reach 4.8 million tonn ...
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