Alumina Market to Face Pressure from Weiqiao Group after Big Aluminum Cuts, SMM Warns

[SMM Central China Spot Aluminum Midday Review] SHFE aluminum prices experienced a slight correction. Shipment sentiment in the central China market improved further today compared to the previous two days, but downstream processing enterprises preferred to purchase at lower premiums, while suppliers showed weak willingness to hold prices firm. Market quotes declined continuously, gradually shifting from a discount of 100-110 yuan/mt against the SHFE aluminum July contract before market open to a discount of around 120-140 yuan/mt against the same contract, with the mainstream transaction range being at a discount of 120-140 yuan/mt against the SHFE aluminum July contract.

Nas próximas 1 a 2 semanas, espera-se que o mercado doméstico de coque de petróleo recue ligeiramente, em meio à estabilidade. Os preços do coque de baixo enxofre sofrerão uma pressão de queda relativamente maior, enquanto o coque de médio e alto enxofre poderá ter quedas limitadas devido ao suporte da demanda rígida da indústria de ânodos pré-cozidos. O mercado geral permanecerá em marasmo.

[SMM Aluminum Express] Nesta semana, a proporção semanal de alumínio líquido do SMM subiu 0,16 ponto percentual em relação à semana anterior.