Petroleum Coke Prices Continue to Climb in Shandong, Mixed Trends in Other Regions

[SMM Flash] SHFE data shows that on September 11, the total registered warrant volume for cast aluminum alloy was 23,104 mt, an increase of 1 mt from the previous trading day. Specifically, the total registered volume in Shanghai was 1,625 mt, an increase of 0 mt from the previous trading day; in Guangdong, it was 1,462 mt, a decrease of 29 mt; in Jiangsu, it was 7,206 mt, an increase of 60 mt; in Zhejiang, it was 10,374 mt, an increase of 149 mt; in Chongqing, it was 2,165 mt, an increase of 0 mt; and in Sichuan, it was 269 mt, a decrease of 90 mt.

[SMM Aluminum Flash] This week, trading sentiment among domestic aluminum fluoride enterprises was moderate, and aluminum fluoride prices continued to rise. As of now, SMM mainstream quotations for aluminum fluoride are 11,500-12,300 yuan/mt; cryolite spot prices firmed up, with SMM reporting cryolite at 8,000-9,000 yuan/mt. In addition, SMM learned that high-grade aluminum fluoride prices, supported by costs, climbed to around 12,400-12,800 yuan/mt this week.

[SMM Aluminum Flash] On September 11, LME aluminum inventory stood at 244,100 mt, down 250 mt from the previous day, a decrease of 0.10%. Over the past week, LME aluminum inventory decreased by 425 mt, a decline of 0.17%. Over the past month, LME aluminum inventory decreased by 7,600 mt, a decline of 3.02%.