[SMM data] the arrival of goods is on the low side, and the inventory of electrolytic aluminum has continued to drop by 34000 tons compared with last Thursday.

Inner Mongolia Wanjiang Investment Group, together with Xinjiang Sanbao Industrial Group, signed a cooperation framework agreement with the Abai Region of Kazakhstan to jointly advance the implementation of a large-scale green electricity aluminum smelter construction project. The total investment of the project is $1 billion, with a designed annual capacity of 300,000 mt. It will be supported by a 1GW large-scale wind farm to ensure clean energy supply for aluminum production throughout the entire process. According to the construction plan, the aluminum smelter is expected to start construction in March 2027 and be fully completed and put into operation in December 2028. Once completed, it will effectively fill the capacity gap for high-end aluminum products in Kazakhstan.

[US bond fluctuations suppress nonferrous metal valuations, pre-holiday continued destocking supports aluminum prices to consolidate in the short term] Overall forecast: aluminum prices are expected to mainly consolidate and adjust.

[알루미늄 합금 사회 재고 증가세에서 감소세로 전환, 단기 비용 지지력 여전히 강세] SMM 데이터에 따르면 9월 24일 SMM ADC12 현물 가격의 최근월물 주조 알루미늄 합금 선물(AD2611) 10시 15분 종가 대비 이론적 프리미엄은 톤당 790위안이었다......