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Trading sentiment in the spot market is weak, and market supply is relatively ample
06 Jul 20262MINS
Primary AL
The SHFE aluminium 2606 contract traded with its centre higher than the previous trading day’s corresponding level in the morning session. Pressured by rising aluminium prices, selling sentiment improved from the previous day, but buying sentiment was relatively soft, as some downstream players had limited acceptance of the higher prices. Market liquidity was ample, and mainstream transactions were concluded on par with to a premium of RMB 10 per tonne against the SHFE July contract. In east ...
WEEKLY: China alumina prices seen easing on fresh supply, south-north flows
06 Jul 20263MINS
Alumina
From June 29 to July 3, 2026, domestic spot alumina prices fluctuated within a narrow range, with moderate trading activity in the market. As of July 3, the weighted national average spot price for smelter-grade alumina with a minimum purity of 98.6 per cent stood at RMB 2,776 per tonne, down RMB 5 per tonne from a week earlier, according to Mysteel's price assessment. On the supply side, domestic operating capacity for alumina was approximately 96.2 million tonnes per year. Recently, one of ...

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 ...
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