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MYMETAL: China’s power controls hurt Al supply, demand

ABSTRACT

The power-supply crisis affecting much of China currently, and the government’s remedy of enforcing large-scale power restrictions in many provinces, is impacting the supply and demand of primary aluminum, market sources remarked on Wednesday.
The disruptions to market stability had led domestic aluminum prices to continue fluctuating at high levels over the September 22-28 week, with the national price of 99.7% primary aluminum ingot under Mymetal’s assessment easing to Yuan 22,436/tonne ($3,473/t) by September 28, down Yuan 267/t from September 18, after the previous week's uptick. Mymetal is

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