China

Aluminium Price Arbitrage Makes China Net Importer Of Aluminium For First Time In Over A Decade

Aluminium Price Arbitrage Makes China Net Importer Of Aluminium For First Time In Over A Decade

The aluminium tides turned for the People’s Republic of China in July, as the nation became a net importer of aluminium for the first time in almost 11 years. According to customs data released earlier in the week, the Middle Kingdom witnessed...

Events

Yunhai To Boost Aluminium Alloy A/C Flat Tube Output To 20k MTPA By Year’s End

The People’s Republic of China’s Nanjing Yunhai Special Metals is responding to meet increasing domestic demand for aluminium alloy air-conditioning flat tube by boosting its production capacity by 5 thousand metric tons per annum. At present the Jiangsu plant boasts a production capacity of 15 thousand metric tons per annum, but it is in the […]

Chalco Soon To Ship First Bauxite Ore From Guinea Project

Aluminum Corporation of China Ltd (Chalco) said late last month that it has begun preparing the first shipment from its bauxite operations in Guinea to China via ocean-going vessel. In a statement given to domestic media, Chalco said the initial shipment would soon arrive at the Fangchenggang port in Guangxi, but the firm did not […]

Chalco Cutting Alumina Production Rate By A Tenth In “Flexible Production” Measures

The world’s leading producer of alumina said on Thursday that it is entering “flexible production” that will translate into curtailing overall production by a tenth going forward. Aluminum Corp of China Ltd (Chalco) indicated that cuts would be allocated across three alumina production lines at Shanxi Huaxing and Shanxi New Material in China’s northern reaches. […]

Experts See Arbitrage Window Widening In Post-Coronavirus China

Traders in and analysts of the People’s Republic of China’s aluminium trade expressed high hopes for a strong recovery last week, noting a possible arbritrage opportunity may be in the works. According to unnamed individuals who spoke with Reuters this week, market players expect the demand recovery to follow the coronavirus outbreak is likely to […]

China Alumina and Aluminium Production Up In April

Recent figures from the Shanghai Metals Market (SMM) show a slight rebound in China’s aluminium market. The country posted production figures of 5.65 million tonnes of alumina in April, which correspond to daily output of 179,800 tonnes, a 2.62% increase month-on-month. Total metallurgical-grade alumina production for the first four months of 2020 clocked in at […]