Rumours Say Yunnan Will Grant 2 Million Kw Power To Local Aluminium Smelters To Resume Production After Being Disturbed By Power Rationing

Published: Jun 6, 2023 11:11

Source: SMM

Save

SHANGHAI, Jun 6 (SMM) – It is rumoured that Yunnan province, one of China’s top aluminium production hubs, will grant 2 million kw power to local aluminium smelters for them to resume production after being disturbed by power rationing.

SMM survey shows that rainfalls in Yunnan have increased recently, allowing hydropower generation to pick up. Local smelters are now waiting to see when the government will issue notices to allow them to resume production. SMM estimates that a small amount of aluminium capacity may be able to resume in late June.

Market review

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 for 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

49 mins ago

China Aluminum Billet Supply: July Extended the Inertia-Driven Uptrend; Expectations of a Retreat from Highs in August

SMM Aluminum Billet Market: In July, the operating rate of aluminum billet rose 1.1 percentage points MoM to 58.3%, up sharply by 5.2 percentage points YoY. Benefiting from the strong performance of aluminum billet processing fees in Q2...

49 mins ago

9 hours ago

Indonesia’s 7.7-Magnitude Earthquake Had a Relatively Small Impact on the Aluminum Industry Chain, With the Shock Nearly Zero

SMM tracking feedback: The 7.7-magnitude earthquake on Flores Island, Indonesia, had a relatively small impact on the aluminum industry chain. In terms of capacity distribution, bauxite, alumina, and the vast majority of aluminum capacity are concentrated in western Indonesia, generally more than 1,400 km from the epicenter; even the closest aluminum smelter—Sulawesi Morowali Huachin Aluminum—was approximately 624 km away, still outside the 300 km damage radius. Coupled with a tsunami wave height of less than 0.4 meters, the actual supply shock was virtually zero. On the pricing front, it may at most show a short-term sentiment pulse of 0–1%, which is expected to be unwound within 1–3 days, without changing the medium-term trend.

9 hours ago

21 hours ago

Philippine DTI Plans Mandatory Certification for Aluminum Products Ensuring Quality and Safety Standards

According to Philippine media reports on the 12th, the Philippine Department of Trade and Industry (DTI) was planning to push for the establishment of a mandatory certification program for aluminum products that requires local and foreign manufacturing enterprises in the Philippines to obtain official Philippine quality and safety permits in advance and adopts a "one plant, one certificate" certification approach.

21 hours ago