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Home / Metal News / Chinese Aluminum Smelters to Face Rising Power Costs, SMM Expects

Chinese Aluminum Smelters to Face Rising Power Costs, SMM Expects

iconJul 3, 2017 10:48
Source:SMM
Rising coal prices will add to power costs at aluminum smelters in China that have captive power plants, SMM understands.

SHANGHAI, Jul. 3 (SMM) – Rising coal prices will add to power costs at aluminum smelters in China that have captive power plants, SMM understands.

The Bohai-Rim Steam-Coal Price Index rose for three weeks in a row, albeit at a slower pace.

Chinese Authorities to Examine Captive Power Plants at Aluminum Smelters in Six Major Producing Provinces

The average profit held largely steady around 500 yuan/tonne at aluminum smelters surveyed by SMM in the week ending June 30. The SMM average spot aluminum price increased 26 yuan/tonne on a weekly basis to 13,702 yuan/tonne. 

Aluminum Prices to Run Out of Steam This Week, SMM Predicts

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

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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