[SMM Weekly report selected] profit upward transmission gives alumina upward strong power height depends on the marginal change of supply and demand

Published: Jul 11, 2020 12:07

Save

[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.

"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.

"apply for free access to the SMM metal industry chain database

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.

Scan the QR code application report for free and join the SMM aluminum industry chain exchange group

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

Price processing fee aluminum bar

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

15 hours ago

【SMM Aluminum Flash News】Groundbreaking Ceremony for Anhui Yuqing's Lightweight EV Components Project Held in Ma'anshan

Recently, the groundbreaking ceremony for Anhui Yuqing Precision Industry Co., Ltd.'s project to produce 300,000 lightweight structural components for new energy vehicles annually was held in Ma'anshan Economic and Technological Development Zone. Upon completion, the project will achieve an annual production capacity of 300,000 lightweight structural components for new energy vehicles, focusing on the core needs of the new energy vehicle industry and contributing to the lightweighting and energy-saving development of automobiles. The project mainly uses aluminum profiles and cutting fluid as raw materials, balancing capacity and quality to create an efficient, intelligent, and green production base.

15 hours ago

【SMM Aluminum Flash News】EU Launches First Sunset Review on China's Aluminum Extrusions Duties

On March 27, 2026, the European Commission announced that, in response to an application submitted by the EU industry association European Aluminium on December 19, 2025, it had initiated the first sunset review investigation into anti-dumping duties on aluminum extrusions originating from China. The investigation will examine whether dumping of the products in question and the injury to the domestic industry caused by the removal of the existing anti-dumping measures will continue or recur. The dumping investigation period for this review is from January 1, 2025 to December 31, 2025, and the injury investigation period is from January 1, 2022 to the end of the dumping investigation period. Unless otherwise extended, the final determination will be made within 12 months.

15 hours ago

【SMM Aluminum Flash News】EPC Project for Guizhou Aluminum's 1M Tons/Year Bauxite Mine Commences Construction

On March 28th, the EPC (Engineering, Procurement, and Construction) project for the 1 million tons/year mining, production, and operation of the Guizhou Aluminum Group's Zunyi Wuchuan Dazhuyuan Bauxite Mine, undertaken by Guizhou Construction Investment Group Chemical Construction Company, officially commenced. The project is located in Zhuoshui Town, Wuchuan County, within the core area of the Wuzhengdao Bauxite Mine. The geological structure is complex, posing high demands for safety, quality, and organizational management. Chemical Construction Company, leveraging its mature management experience, professional technical team, and strong operational capabilities, undertook the project and continues to strengthen its management team to provide talent and technical support.

15 hours ago