Growing Oversupply Hurts Alumina Prices in China Guizhou

Published: Jun 9, 2015 11:28

Save

Alumina prices in China’s Guizhou province lost 50 yuan per tonne to 2,400 yuan ($387) per tonne last week as local supply glut escalated, SMM data showed.

SHANGHAI, Jun. 9 (SMM) – Alumina prices in China’s Guizhou province lost 50 yuan per tonne to 2,400 yuan ($387) per tonne last week as local supply glut escalated, SMM data showed.

Only 630,000-tpy of aluminum capacity is running in the province, overshadowed by 3.7 million tonnes of alumina capacity, highlighting the overhang of alumina, according to SMM statistics.

Guizhou Huajin Aluminum’s phase one 800,000-tpy alumina project has started mass production, and is slated to put its phase two 800,000-tpy alumina project on trial August 29, SMM has learned.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

China alumina capacity China alumina prices Guizhou

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

8 hours ago

Kazzinc’s Zinc and Lead Plants Operating at Reduced Capacity After Ust-Kamenogorsk Blast

Kazzinc said on Tuesday that its zinc and lead plants at the Ust-Kamenogorsk metallurgical complex in eastern Kazakhstan are operating at reduced capacity following last week’s explosion. The incident occurred at Kazzinc’s zinc plant, killing three people and injuring five others. Kazzinc, Kazakhstan’s largest producer of zinc, lead and precious metals and owned by Glencore, has not disclosed the extent of the impact on output. Clean-up operations and an investigation into the incident are still ongoing.

8 hours ago

12 hours ago

Data: SHFE, DCE market movement (May 12)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 12 May , 2026

12 hours ago

16 hours ago

Peru's Energy Crisis Disrupts Zinc Concentrate Supply [SMM Analysis]

[Peru's "Gas Shortage" Energy Crisis Disrupts Zinc Concentrates Supply] Due to a rupture in Peru's natural gas pipeline (Megantoni district, Cusco province), the country fell into a "gas shortage" predicament, with electricity production and fuel supply severely affected. State-owned oil company Petroperú plunged into a serious financial crisis, and Peru is facing a severe nationwide energy crisis.

16 hours ago