Short Supply for Primary Aluminium, with No Obvious Drop of Price

Published: Nov 14, 2017 14:25

Save

SMM learned that because of price advantage, the usage of primary aluminium has enlarged dramatically, which causes its short supply.

SHANGHAI, Nov.14 (SMM)－SMM learned that because of price advantage, the usage of primary aluminium has enlarged dramatically, which causes its short supply. The price does not drop dramatically as the A00 Aluminium. It is estimated short supply will last to the Spring Festival and become a norm. The price will keep easy rise and difficult drop.

The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Aluminium

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 to learn 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

17 hours ago

Geopolitical Conflicts Reshape Prebaked Anode Exports; SE Asia Demand Supports Full-Year Growth 【SMM Analysis】

Amid this structural adjustment in global regional demand, with gains in some markets offsetting declines in others, China’s prebaked anode exports can offset the pressure from weakening demand in traditional markets through market structure optimization and a shift in the center of orders. Coupled with its own capacity and supply chain advantages, China’s prebaked anode exports are expected to maintain a certain increase for the full year.

17 hours ago

Inventory fluctuated downward as increased warehouse withdrawals accelerated destocking, and recovering consumption drove processing fees back above parity [SMM Aluminum Billet Weekly Review]

During the week, as the geopolitical conflict in the Middle East continued to spread, market macro sentiment changed significantly, aluminum prices came under marked pressure and fell noticeably, while aluminum billet processing fees recovered to trade above parity.

17 hours ago

Impact of Hormuz Blockade on China's Aluminum Wire and Cable Exports to the Middle East [SMM Analysis]

Based on China’s 2025 aluminum wire and cable export data to the Middle East, Saudi Arabia was the largest export destination in the region, with annual exports of 9,426.752 mt, accounting for 31.88 of the Middle East total

17 hours ago