[SMM midday review] South China Aluminum: low prices drive downstream pick-up market transactions better than yesterday

Entering the second half of March, regional divergence in China’s aluminum market became increasingly pronounced, with the divergence between inventory trends and spot price spreads in east China and south China intensifying. On the one hand, the nationwide post-holiday inventory buildup in aluminum gradually approached its end, inventory overhang pressure in east China continued to ease, circulation efficiency steadily improved, the inventory buildup momentum slowed down significantly, and.....

Recently, the Jiangmen Xinhui Industrial Park (Fengshanhu New Energy Industrial Park) gained new momentum with the turnkey delivery and trial production launch ceremony for the graphene-coated carbon aluminum foil production site project, marking the project’s entry into the trial production stage. It is understood that the project involves a total investment of approximately 200 million yuan, covers an area of 50 mu, and has a total gross floor area of 33,000 m². Upon full completion, it will be capable of producing up to 48,000 mt of graphene-coated carbon aluminum foil annually. The project was invested in and constructed by Jiangmen Yingang New Energy Industrial Park Construction Co., Ltd., an enterprise under Jiangfa Group.

On March 26, the signing ceremony for the cooperation between Nanning Industrial Investment Group and Shanghai Dinghao New Material Technology Co., Ltd., along with the unveiling ceremony of Nanning Dinghao New Material Technology Co., Ltd., was held at the Chanto Aluminum-Based New Materials Xingning Industrial Park. Shanghai Dinghao New Materials is expected to invest 500 million yuan to build in Nanning a base project with an annual capacity of 60,000 mt of high-performance carbon-coated aluminum foil for new energy batteries.