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In June, the increase in the proportion of liquid aluminium in aluminium production exceeded expectations, and it is expected to edge up in July
30 Jun 20262MINS
Primary AL
According to SMM statistics, China's aluminium production in June 2026 (30 days) rose 2.2 per cent Y-o-Y and fell 3.1 per cent M-o-M. Although weak domestic demand dragged down various sectors broadly under pressure, export demand for aluminium semis provided effective support for domestic liquid aluminium consumption. The proportion of liquid aluminium edged up, rising by 0.7 percentage points M-o-M to 77.2 per cent, slightly exceeding expectations at the start of the month. The core increme ...
China bauxite import glut to prevail in 2026 despite Guinea quota rumours fuelling market jitters
30 Jun 20266MINS
Bauxite
Recently, persistent market rumours, such as the imminent introduction of an export quota system in Guinea and a potential reduction in China's imported ore supply, have captured the attention of participants in China's bauxite and alumina markets, intensifying the tug-of-war between market sentiment and expectations. To June 25, the Guinean government has yet to publicly disclose any detailed rules regarding the proposed quota system, including its implementation timeline, mechanisms for con ...

30 Jun 20267MINS
Primary AL
SHFE aluminium settled at RMB 22,515 per tonne, plunging 2.19 per cent, with an intraday fluctuation range of 22,455–22,990. The price was well below all key moving averages (MA5=22,985, MA10≈23,622, MA30=24,085.5, MA60=24,460.67), with the moving average system in a bearish alignment and accelerating its divergence, intensifying the weak pattern. The MACD showed DIF=-420.88, DEA=-284.31, a death cross downward, and the negative histogram bar expanded to -273.16, indicating persistently stren ...
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