SMM Weekly Liquid Aluminum Proportion Rises 0.16 Points WoW

[A Large Alumina Refinery in Shandong Adjusts Liquid Caustic Soda Purchase Price] According to SMM, starting from June 12, a large alumina refinery in Shandong adjusted the purchase price of 32% ion membrane liquid alkali, increasing it by 15 yuan/liquid mt from the previous 575 yuan/liquid mt. The EX-Work price is set at 590 yuan/liquid mt，equivalent to approximately 1,844 yuan/mt(price adjusted on a 100% concentration basis).

[SMM Analysis]Secondary Aluminum Alloy Resilience Stands Out as Price Spread with Primary Aluminum Recovers to Positive

[SMM Central China Spot Aluminum Midday Review] SHFE aluminum prices experienced a slight correction. Shipment sentiment in the central China market improved further today compared to the previous two days, but downstream processing enterprises preferred to purchase at lower premiums, while suppliers showed weak willingness to hold prices firm. Market quotes declined continuously, gradually shifting from a discount of 100-110 yuan/mt against the SHFE aluminum July contract before market open to a discount of around 120-140 yuan/mt against the same contract, with the mainstream transaction range being at a discount of 120-140 yuan/mt against the SHFE aluminum July contract.