[Al Price] Will Aluminum Prices Rise If Production Cut Rumors Prove True

Published: Jul 20, 2015 08:39
Rumors are flying around that China Power Investment Corporation will slash aluminum output by 620,000 tonnes at its three smelters by the end of July.

SHANGHAI, Jul. 20 (SMM) – Rumors are flying around that China Power Investment Corporation will slash aluminum output by 620,000 tonnes at its three smelters by the end of July. Will aluminum prices rise should such rumors turn out to be true?

These cuts, even if do occur, are insufficient to lift aluminum prices, given rapid expansions of low-cost capacity and slackening demand, SMM’s aluminum research team said. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Analysis] China’s Sulphuric Acid Production and Sulphur/Sulphuric Acid Imports & Exports in H1 2026
7 hours ago
[SMM Analysis] China’s Sulphuric Acid Production and Sulphur/Sulphuric Acid Imports & Exports in H1 2026
Read More
[SMM Analysis] China’s Sulphuric Acid Production and Sulphur/Sulphuric Acid Imports & Exports in H1 2026
[SMM Analysis] China’s Sulphuric Acid Production and Sulphur/Sulphuric Acid Imports & Exports in H1 2026
In H1 2026, China’s sulphur market experienced a full transmission chain of “import collapse – output pressure – export stagnation”. Key figures: Production: National sulphuric acid output in January–May fell 1.6% y‑o‑y, with significant declines in traditional phosphate fertiliser producing provinces like Hubei, Guizhou, and Yunnan, while Anhui and other smelter‑acid‑concentrated regions saw growth. Exports: Sulphuric acid exports practically halted in June......
7 hours ago
Pessimism Prevails in August Nickel Market, Steel Mills Show Weak Purchase Interest
8 hours ago
Pessimism Prevails in August Nickel Market, Steel Mills Show Weak Purchase Interest
Read More
Pessimism Prevails in August Nickel Market, Steel Mills Show Weak Purchase Interest
Pessimism Prevails in August Nickel Market, Steel Mills Show Weak Purchase Interest
[SMM Nickel Flash] July 23 news: Currently, the demand-side market is generally pessimistic about the August market, steel mills' purchase willingness is weak, and most enterprises maintain low purchase intentions. Buyers tend to negotiate using an average-price premium/discount model and have low acceptance of fixed lump-sum prices.
8 hours ago
SMM Nickel Flash: High-Grade NPI Market Stalemate Persists, Sentiment Flat Month-on-Month
8 hours ago
SMM Nickel Flash: High-Grade NPI Market Stalemate Persists, Sentiment Flat Month-on-Month
Read More
SMM Nickel Flash: High-Grade NPI Market Stalemate Persists, Sentiment Flat Month-on-Month
SMM Nickel Flash: High-Grade NPI Market Stalemate Persists, Sentiment Flat Month-on-Month
[SMM Nickel Flash] As of July 23, the SMM high-grade NPI market sentiment factor was 2.03, flat MoM; the high-grade NPI upstream sentiment factor was 2.09, flat MoM; and the high-grade NPI downstream sentiment factor was 1.96, flat MoM. Today, the stalemate in the spot market for high-grade NPI continued, with upstream and downstream price expectations remaining misaligned, and spot transactions remained sluggish.
8 hours ago
[Al Price] Will Aluminum Prices Rise If Production Cut Rumors Prove True - Shanghai Metals Market (SMM)