Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / Alumina Market to Face Pressure from Weiqiao Group after Big Aluminum Cuts, SMM Warns

Alumina Market to Face Pressure from Weiqiao Group after Big Aluminum Cuts, SMM Warns

Aug 14, 2017 11:33

Source:SMM

Considering massive aluminum cuts at Weiqiao Group, alumina prices will face heavy downward pressure due to inflows of surplus alumina from the company, SMM expects.

SHANGHAI, Aug. 14 (SMM) – Considering massive aluminum cuts at Weiqiao Group, alumina prices will face heavy downward pressure due to inflows of surplus alumina from the company, SMM expects.

Breaking News: Weiqiao Group and Xinfa Group Ordered to Close Illegal Aluminum Capacity
Weiqiao Group announced it will release alumina into the market. Moreover, sales from Xinfa Group will exacerbate the situation.

Weiqiao Closes Illegal Aluminum Capacity? Fact Turns Out to Be Ironic!
The weighted average alumina price in domestic four major markets was unchanged week-on-week at 2,521 yuan/tonne on August 11. Major alumina and aluminum producers gathered for two meetings last week to discuss future price trend. As such, sellers and buyers took a wait-and-see stance, leaving alumina prices unchanged, SMM explained.

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

alumina prices

weiqiao group

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SHANGHAI, Apr 18 (SMM) - The shipments of raw materials and finished products for alumina refineries are still affected by the COVID-19 outbreak.

Apr 18, 2022 13:59

Industry

Alumina Prices in Henan Inched Higher amid Prolonged Supply-Demand Mismatch Caused by COVID-19 Outbreak

Decline in Overseas Alumina Prices Expanded amid Spillover Effect from Australian Ban on Alumina Exports to Russia

SHANGHAI, Apr 6 (SMM) - Alumina prices FOB Western Australia fell further to $440/mt on April 6, down 8% from April 1.

Apr 6, 2022 14:00

Industry

Decline in Overseas Alumina Prices Expanded amid Spillover Effect from Australian Ban on Alumina Exports to Russia

Alumina Import Window in China to Remain Closed amid Polarised Price Trends between Domestic and Overseas Markets

SHANGHAI, Mar 4 (SMM) - The alumina prices in China kept moving downwards with the output release from production resumptions and new capacity.

Mar 4, 2022 14:08

SMM Insight Industry

Alumina Import Window in China to Remain Closed amid Polarised Price Trends between Domestic and Overseas Markets

SMM Analysis of Four Important Drivers Behind Soaring Alumina Prices

SHANGHAI, Sep 10 (SMM) - Domestic alumina prices have repeatedly hit this year’s new highs recently amid brisk trades, with no signs of retreat in the foreseeable future.

Sep 10, 2021 16:42

Analysis SMM Insight

SMM Analysis of Four Important Drivers Behind Soaring Alumina Prices

Political Turmoil in Guinea Adds Fuels to Inflated Alumina Prices, with Gains of Over 33% so Far This Year

SHANGHAI, Sep 6 (SMM) – The average SMM spot alumina prices stood at 3,119 yuan/mt on September 6, a new high since May 29, 2019 and gaining as much as 33.4% so far this year.

Sep 6, 2021 15:14

SMM Insight

Political Turmoil in Guinea Adds Fuels to Inflated Alumina Prices, with Gains of Over 33% so Far This Year

Short-Term Alumina Price Outlook Remains Bullish on Rising Cost and Supply Disruptions Overseas

SHANHGAI, Aug 30 (SMM) – As of August 27, the SMM weighted average alumina price stood at 2,757 yuan/mt, up 90 yuan/mt from a week ago.

Aug 30, 2021 16:42

SMM Insight

Short-Term Alumina Price Outlook Remains Bullish on Rising Cost and Supply Disruptions Overseas

Alumina Price Surge Greatly Lifts Aluminum Fluoride Prices, SMM Reports

Prices of aluminum fluoride, a supplementary material in aluminum smelting, followed alumina prices up and this trend will continue into October.

Sep 25, 2017 17:23

SMM Insight

Alumina Price Surge Greatly Lifts Aluminum Fluoride Prices, SMM Reports

LME Aluminum Hits Over 2-Year High after Higher-than-Expected Cut Rumor at Weiqiao Group, SMM Reports

LME aluminum hit its highest level since December 2014 at $ 2,035/tonne last night as rumor is flying about output cut at Weqiao Group.

Aug 9, 2017 12:11

SMM Insight Industry Reminder

LME Aluminum Hits Over 2-Year High after Higher-than-Expected Cut Rumor at Weiqiao Group, SMM Reports

Tug-of-War between Australian Alumina Suppliers and Chinese Buyers, SMM Reports

Alumina suppliers in Australia and buyers in China have entered a deadlock after Alcoa announced to restart aluminum smelter in Indiana, SMM learned.

Jul 17, 2017 11:08

SMM Insight Industry

Tug-of-War between Australian Alumina Suppliers and Chinese Buyers, SMM Reports

China Alumina Supply Deficit to Turn into Surplus, SMM Predicts

Alumina supply in China will gradually shift into a small surplus with release of new and restarted alumina capacity in May, SMM foresees.

May 17, 2016 14:27

Industry

SMM Events & Webinars

All

Nov
24
- 2024 SMM Middle East Secondary Metal Field Trip
  Nov 24 - Dec 01,2024
  UAE
Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China

Alumina Market to Face Pressure from Weiqiao Group after Big Aluminum Cuts, SMM Warns

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo