NewsFlash / Aluminium / [SMM Flash News: A piece of news has stimulated alumina futures to rise by over 8%! Market sentiment is high, but risks cannot be ignored!]
[SMM Flash News: A piece of news has stimulated alumina futures to rise by over 8%! Market sentiment is high, but risks cannot be ignored!]
iconJul 21, 2025 15:58
Source:SMM
[SMM Flash News: A piece of news spurs alumina futures to rally over 8%! Market sentiment soars, but risks cannot be ignored!] At the opening of the morning session on July 21, driven by favourable macro front news, the main alumina futures contract continued its significant rally from the evening of July 18, with gains once exceeding 8%. By the midday close, the main alumina futures contract closed at 3,389 yuan/mt with an 8.48% gain, having surged to a high of 3,400 yuan/mt during the session, hitting a new high since February 26. On the news front, on July 18, the Ministry of Industry and Information Technology (MIIT) proposed to drive key industries to focus on structural adjustments, optimizing supply, and eliminating outdated capacity. Some market participants believe that the management is redefining the concept of outdated facilities in the petrochemical industry, with facilities reaching their designed service life or having been in actual operation for over 20 years to be defined as "outdated facilities".

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