China’s Costs of Aluminium Pulled Back from Highs on Lower Prices of Electricity and Raw & Auxiliary Materials

This week, the operating rate of leading aluminum downstream processing enterprises in China was recorded at 63.6%, down 0.4 percentage points WoW. Off-season characteristics emerged, with all sectors generally under pressure, while only aluminum wire and cable bucked the trend and strengthened.

[SMM Flash] Dados da SHFE mostraram que, em 11 de junho, o total de warrants registrados de liga de alumínio fundido totalizou 37.931 t, uma redução de 1.293 t em relação ao pregão anterior. Especificamente, por região: Shanghai (2.897 t, inalterado), Guangdong (8.165 t, queda de 483 t), Jiangsu (7.711 t, queda de 330 t), Zhejiang (12.484 t, queda de 270 t), Chongqing (5.829 t, queda de 60 t) e Sichuan (845 t, queda de 150 t).