AZ China

Experts See Arbitrage Window Widening In Post-Coronavirus China

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...

Events

Chinese Aluminium Smelters Announce Additional 800 Thousand TPA In Production Cuts

Recognizing the damage excess capacity continues to wreak upon the country’s aluminium market, the People’s Republic of China’s top smelters agreed on Friday to ax a minimum of 800 thousand metric tons per annum of smelting capacity in the next several months. An official from the meeting’s host, the China Nonferrous Metals Industry Association (CNIA), […]

Hongqiao Ordered To Cut 550 Thousand Metric Tons Of Capacity Through Mid-March

The most prolific aluminium producer on Earth will be compelled to cut over half a million metric tons per annum of production capacity over the winter months as part of the state’s effort at fighting smog production. According to documents obtained by Reuters, the Shandong province’s city of Binzhou has ordered the closure of five […]

Strong Prices And Weak Yuan Propel China’s June Aluminium Exports Higher

Tariffs enacted this spring by the Trump administration and the resulting marketplace turmoil did little to diminish the output of aluminium smelters in the People’s Republic of China. Quite the opposite, as June saw China’s aluminium smelters combine to export over 500 thousand metric tons for just the second time in recorded history. Per customs […]