Futures: The most-traded cast aluminium alloy ad2512 contract opened at RMB 20,475 per tonne overnight, hit a high of RMB 20,505 per tonne, and finally closed at the lowest of RMB 20,405 per tonne, up RMB 80 per tonne or 0.39per cent from the previous close. Trading volume was 1,681 lots, and open i ...
According to Mysteel's latest survey, the 44 Chinese alumina producers regularly monitored by Mysteel produced a total of 1.9 million tonnes of metallurgical-grade alumina during the week of October 3-9, up by a marginal 0.2 per cent from the previous week. Domestic alumina output remained largely s ...
Market Analysis: Supply-Demand Dynamics
Current market assessment reveals Indonesia's bauxite sector is in a critical transitional phase.The implementation of the 2023 export ban has successfully redirected bauxite from international markets to domestic processing, but the downstream alumina sect ...