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China's aluminum production increased daily output hit a record high in June
Jul 17,2020 10:00CST
translation
Source:Mandarin Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: China's original aluminum production rose to a six-month high in June, and daily output reached a record high, as domestic aluminum prices continued to rise and new smelting projects expanded production to cash in.

China produced 3.02 million tons of primary aluminum (electrolytic aluminum) in June, up 0.8 per cent from a year earlier, according to data released by the National Bureau of Statistics on Thursday.

Based on official estimates, June production was the highest in a single month since December, up 1.4 per cent from May.

China's primary aluminium production from January to June was 17.89 million tons, up 1.7 per cent from a year earlier, according to the Bureau of Statistics.

It is estimated that China's average daily output of raw aluminum in June was 100667 tons, a record high and up from about 96000 tons in May.

Shanghai aluminum prices are currently at 14085 yuan per ton, rising 6.1% in June, continuing a strong rise in April and May. The lifting of the anti-epidemic blockade led to a rebound in Chinese consumption levels in April and May.

China produced 5.08 million tons of 10 non-ferrous metals in June, up 3.1 per cent from a year earlier, according to the National Bureau of Statistics.

China's output of 10 non-ferrous metals from January to June was 29.28 million tons, up 2.9 per cent from a year earlier, the Bureau of Statistics said.

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