After hitting a multi-year low of $85/t on September 23, prices rebounded sharply to $103/t on September 30, in the wake of Chinese stimulus announcements.
However, the rally proved to be short-lived, with prices trending downwards into early November, struggling to breach the $100/t mark, despite Beijing's efforts to reinvigorate the property sector.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
