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China

China Energy makes green hydrogen-coal co-firing breakthrough
SupplementAL
The state-owned company said the technology marked the first time such a high blending ratio has been achieved globally, according to state media CCTV. Previous hydrogen-coal co-firing trials internationally had largely kept blending ratios below 10 per cent, as higher ratios are prone to combust ...
Geopolitical risks coupled with accelerating destocking, SHFE aluminium fluctuates and adjusts
Primary AL
Futures: The most-traded SHFE aluminium 2607 contract closed at RMB 24,115 per tonne, down 0.76 per cent. Price was running below MA5 (24,415.00), MA10 (24,404.50), MA30 (24,549.33), and MA60 (24,658.42), with short- and medium-term moving averages in a bearish alignment and gradually pressing dow ...

Alumina
This week, the aluminium fluoride tender price from downstream benchmark enterprises was finalised, and aluminium fluoride prices declined. As of now, SMM aluminium fluoride prices closed at RMB 11,280-11,700 per tonne; cryolite prices remained stable, with SMM cryolite quoted at RMB 7,000-8,500 p ...
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Coal-based chemical boom set to reshape China LPG trade flows
SupplementAL
05 Jun 2026
China's coal-based chemical projects will be commissioned intensively over 2026-2028. Coal-based LPG marketable volume reached 1.80 million tonnes in 2025, accounting for 7 per cent of the national total. Coal-to-chemicals are far more profitable than oil-based routes, with margins exceeding RMB 1 ...
Divergent downstream consumption coupled with destocking, SHFE aluminium short-term oscillation and adjustment
Primary AL
05 Jun 2026
Futures: The most-traded SHFE aluminium 2607 contract closed at RMB 24,310 per tonne, down 0.29 per cent. The price was running below the MA5 (24,466.00), MA10 (24,440.50), MA30 (24,582.83), and MA60 (24,674.17) moving averages. Short- and medium-term moving averages were gradually turning downwar ...
China’s alumina and hydrochloric acid trends provide support for the PAC market
Alumina
05 Jun 2026
China's polyaluminium chloride (PAC) market remained stable during May. As of May 31, the mainstream market price for solid industrial-grade PAC with a content level of at least 28 per cent was around RMB 1,811.67 (USD 267.62) per tonne, unchanged from the beginning of the month. Raw material cos ...
DAILY: Chinese spot alumina prices steady, futures weaken further
Alumina
04 Jun 2026
The national average price for smelter-grade alumina with a minimum purity of 98.6 per cent was assessed by Mysteel at RMB 2,707 per tonne (USD 400 per tonne) on Wednesday, staying flat for the third straight working day. The stability at the national level reflected largely steady alumina pricin ...
US fed rate watch: Geopolitical tensions disrupt short-term aluminium price movement pace
Primary AL
04 Jun 2026
Futures: The most-traded SHFE aluminium 2607 contract closed at RMB 24,385 per tonne, down 1.14 per cent. The price was running below MA5 (24,472.00), MA10 (24,467.00), MA30 (24,606.67), and MA60 (24,688.67), with short- and medium-term moving averages gradually turning downward. The overall stru ...
Geopolitical uncertainties persist, domestic and international aluminium prices diverge in volatile trading
Primary AL
03 Jun 2026
Futures: The most-traded SHFE aluminium 2607 contract closed at RMB 24,775 per tonne, up 0.79 per cent. The price moved near the range of MA5 (24,503.00), MA10 (24,490.00), MA30 (24,641.50), and MA60 (24,701.33), with short- and medium-term moving averages intertwined and converging. The overall s ...
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