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[SMM Weekly report selected] profit upward transmission gives alumina upward strong power height depends on the marginal change of supply and demand
Jul 11,2020 12:07CST
translation
Source:SMM
[SMM Weekly selection] this Friday, the weighted price of SMM alumina area is 2445 yuan / ton, up 112 yuan / ton from last Friday, and the weekly increase continues to expand. During the week, the spot price of alumina in the southwest and Shanxi-Henan regions rose rapidly, and the Shandong region also kept pace with the rise, and the market was bullish in the short term. As of Friday, the price of SMM alumina in Shanxi, Henan, Guangxi and Guizhou was 2450 yuan / ton, 2450 yuan / ton, 2400 and 2450 yuan / ton, respectively.
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"SMM aluminum industry chain weekly report" released, the weekly report SMM will select one of the hot topics, prices, market or major changes in the industry chain information released into a document for your reference.

The following is an excerpt from the weekly report of SMM aluminum industry chain:

Alumina prices are smooth this week. The price center of gravity of overseas transactions has also risen.

The weighted regional price of SMM alumina on Friday is 2445 yuan / ton, up 112 yuan / ton from last Friday, and the weekly increase continues to expand. During the week, the spot price of alumina in the southwest and Shanxi-Henan regions rose rapidly, and the Shandong region also kept pace with the rise, and the market was bullish in the short term. As of Friday, the price of SMM alumina in Shanxi, Henan, Guangxi and Guizhou was 2450 yuan / ton, 2450 yuan / ton, 2400 and 2450 yuan / ton, respectively.

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Catalogue of "SMM Aluminum Industry chain Weekly report" in this issue

Main points of this issue's weekly report

1. Profit upward transmission gives alumina upward strong power height depends on the marginal change of supply and demand

2. Alumina prices have risen smoothly this week, and the center of gravity of overseas transactions has also risen.

3. The base gap in Guangdong is gradually falling, and the spot prices in Guangdong and Shanghai are upside down.

4. The price of aluminum bar has stopped falling and rebounded, and there is more room for adjustment of processing fees.

5. The trading of waste aluminum is light and the new standard of imported waste aluminum has not yet landed.

6. Hot spot tight silicon market reversal?

7. Fluoride salt: the raw material fluorite powder maintains the upward trend during the week. The demand is insufficient. Anhydrous aluminum fluoride enterprises are under increasing pressure.

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The contents of "SMM China Aluminum Industry chain High-end report" include: macro hot spots, alumina, electrolytic aluminum, waste aluminum, aluminum accessories, aluminum, waste aluminum pre-baked anode analysis, the scope to accommodate the spot market, futures, inventory market performance and aluminum processing start-up rate research, and pay attention to real-time LME, SHFE and SMM prices. "View details

The "SMM China Aluminum Industry chain routine report" includes: macro hot spots, alumina, electrolytic aluminum, waste aluminum, pre-baked anode analysis, spot market, futures, inventory performance and other changes and related news, and focuses on real-time LME, SHFE and SMM price trends. "View details

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