Top News on China Aluminum markets

A potential easing of trade tensions between the United States and Canada could reshape the North American aluminum market, with European buyers facing the risk of stronger competition for Canadian metal. Import data from ITC Trade Map shows that US purchases of Canadian unwrought aluminum fell shar

In October 2026, China's domestic alumina spot prices continued their downward trend. The monthly weighted average price of alumina was Yuan 2,666/tonne, down Yuan 24/tonne from the previous month, or 0.89% month-on-month (MoM). In early October, despite significant cost-related losses across the in

On November 10, 2026, in the derivatives market, aluminum futures on the Shanghai Futures Exchange showed slight volatility. The most-traded aluminum contract decreased by 3.45% by the end of Tuesday's daytime trading and fell by 2.74% overnight, closing the nighttime session at Yuan 22,170/tonne as

Global primary aluminium production experienced a sequential recovery in the third quarter of 2026, supported by the gradual restoration of disrupted smelting capacity in the GCC countries, stronger operational performance in Europe and Oceania, and incremental production gains across Asia and China

Domestic ore prices showed no notable change last week, with inland domestic bauxite largely supplied through long-term contracts to ensure security of supply. However, the market widely expects supply of domestic ore in Shanxi to loosen, and some participants believe 2027 domestic mine supply will

On November 9, 2026, in the derivatives market, aluminum futures on the Shanghai Futures Exchange showed slight volatility. The most-traded aluminum contract increased by 0.41% by the end of Monday's daytime trading and fell by 0.22% overnight, closing the nighttime session at Yuan 23,170/tonne as o

German aluminium producer Trimet has proposed a series of measures to address competition concerns over Alcoa's proposed acquisition of South32's alumina and bauxite assets. These include the sale of integrated bauxite-mining and alumina-refining assets in Brazil or Western Australia, changes to own

Last week, domestic spot alumina prices showed a trend of stabilizing after the decline, while market trading activity was generally muted. On the supply side, domestic alumina operating capacity recently stood at about 99.5 million tonnes/year.   Recently, an alumina plant in Henan carried out calc

On November 6, 2026, in the derivatives market, aluminum futures on the Shanghai Futures Exchange showed slight volatility. The most-traded aluminum contract increased by 0.07% by the end of Friday's daytime trading and rose by 0.43% overnight, closing the nighttime session at Yuan 23,180/tonne as o

Canada and China have extended a bilateral trade arrangement that links Chinese market access for Canadian agricultural products with Canada's access for Chinese steel and aluminum. The decision provides greater certainty for exporters on both sides as Ottawa seeks to expand its trade relationships