Interest Rate Cut was Announced, Fundamentals Remain Strong, Short-term Aluminum Prices Expected to Fluctuate Upward [SMM Aluminum Morning Comment]

PA Resources Bhd has renewed its supply agreement with First Solar Inc., First Solar Malaysia Sdn Bhd, and First Solar Vietnam Manufacturing Co Ltd to supply aluminum extruded profiles for PV module production. The new contract is valued at 1.31 billion ringgit (approximately $321.22 million), with a term of 18 months from July 2026 to December 2027. According to PA Resources Bhd, this is the fifth supply agreement awarded by First Solar. In a filing with Bursa Malaysia, PA Resources Bhd stated that the contract is expected to improve operational efficiency through optimized production scheduling, material planning, workforce utilization, and logistics coordination. In addition, the company expects the agreement to have a positive impact on its earnings and net assets.

[Экспресс-новости SMM по алюминию] По данным рыночных источников, один из ближневосточных игроков пытается перепродать три партии глинозема по 30 000 тонн, одна из Вьетнама и одна из Западной Австралии, на фоне эскалации в районе Ормузского пролива.