SMM Aluminum Market Weekly Report 20250612

Published: Jun 13, 2025 09:02

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Details of the hot topics in the aluminum market this week (June 9-12, 2025) are as follows......

Hot Topic of the Week: Rush to Export Amid Tariff Adjustment Period Expected to Continue; China's Aluminum Semis Exports Increased by 5.6% MoM in May, Highlighting Resilience
Forecast for Next Week: Macro Interest Rate Cut Expectations Combined with Ultra-Low Inventory; Hidden Risks amid Aluminum Price Holding Up Well
It is expected that aluminum prices will maintain a strong and volatile trend in the short term. Next week, SHFE aluminum is expected to trade within the range of 20,200-20,700 yuan/mt. If it holds steady above 20,500 yuan/mt technically, it is expected to test the resistance level of 21,000 yuan/mt. LME aluminum is expected to trade within the range of $2,470-2,570/mt. After breaking through the key resistance level of $2,450/mt, LME aluminum is expected to hold up well.
Primary Aluminum: Destocking Progresses Smoothly, Approaching Year-to-Date Lows, Supporting Spot Premiums/Discounts to Remain in the Doldrums
Bauxite and Alumina: Imported Bauxite Prices Drop Back Slightly; Bauxite Prices Expected to Fluctuate
Aluminum Billet and Extrusion: Weak Demand for Aluminum Billets Leads to a Sharp Decline in Processing Fees; Weakening End-Use Consumption Results in Sluggish Operating Rates for Extrusion
Secondary Aluminum: Cast Aluminum Alloy Futures Strengthen in the First Week of Listing; Spot Prices Encounter Resistance amid Off-Season Demand Suppression
Aluminum Auxiliary Materials: Cost Side of Prebaked Anode Continues to Ease, Prices Remain Stable; Weak Supply and Demand for Aluminum Fluoride Pressure High Costs

For more details, please refer to the China Aluminum Market Weekly Report (June 12, 2025)

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.

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