SMM data shows China's metallurgical-grade alumina production in June 2025 (30 days) decreased 0.19 per cent M-o-M but increased 6.1 per cent Y-o-Y. By month-end June, China's existing metallurgical-grade alumina capacity reached approximately 110.82 million tonnes, with operating capacity up 3.14 per cent M-o-M and operating rate at 79.7 per cent.
With alumina prices rebounding earlier, the June monthly average price maintained highs. Refineries kept operating rates elevated, and previously idled capacity gradually resumed, leading to a notable M-o-M rebound in domestic alumina operating capacity.
By region, alumina capacity in south China that was previously under maintenance gradually resumed, with operating capacity rebounding by nearly 2 million tonnes. In the north, alumina operating capacity saw both increases and decreases, but overall, operating capacity increased by approximately 700,000 tonnes.
Next month's forecast: Entering July, due to a short-term increase in demand for delivery brands, there are signs of spot alumina prices stopping the decline. The subsequent trend in alumina prices will require continuous monitoring of the circulation of spot alumina supplies. If prices continue to fall, there is a possibility of an increase in alumina maintenance and production cuts. As of July 1, there are expectations for partial maintenance, production cuts, and the gradual ramp-up of newly commissioned alumina capacity. In July, the nationwide operating capacity of metallurgical-grade alumina is expected to remain largely stable, at around 88.27 million tonnes per year.
Note: This article has been issued by SMM and has been published by AL Circle with its original information without any modifications or edits to the core subject/data.
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