The mismatch of supply and demand is clear to see in the relative price performance of the Shanghai Futures Exchange’s alumina and aluminium contracts. — Reuters
CHINA’S production of primary aluminium is closing in on last year’s record highs as previously idled capacity ramps up in Yunnan province.
The country increased production by 5% year-on-year to 3.65 million tonnes in May, according to the latest estimate from the International Aluminium Institute.
