In H1, the industry showed distinct characteristics: upstream raw material imports experienced a mix of hot and cold trends, while mid-and downstream aluminum processing product exports saw explosive growth. Diverging domestic and overseas demand, shifting overseas manufacturing orders, and changes in the overseas raw material supply landscape are jointly reshaping the trade pattern of China's aluminum industry chain.

[SMM Flash News] SHFE data showed that on July 21, the total registered cast aluminum alloy warrants amounted to 18,455 mt, a decrease of 243 mt from the previous trading day. Among them, Shanghai registered 1,595 mt (a decrease of 0 mt), Guangdong 2,088 mt (a decrease of 30 mt), Jiangsu 4,227 mt (a decrease of 213 mt), Zhejiang 6,517 mt (a decrease of 0 mt), Chongqing 3,243 mt (a decrease of 0 mt), and Sichuan 785 mt (a decrease of 0 mt).

SMM Morning Meeting Minutes: Overnight LME copper opened at $13,604/mt, and amid wild swings at the beginning of the session, it dipped to a low of $13,590/mt. It then continued to swing wildly, rising to a high of $13,645/mt near the end of the session, and eventually closed at $13,644.5/mt, up 0.86%. Trading volume reached 15,600 lots, and open interest stood at 244,000 lots, down 1,039 lots from the previous trading day, indicating a reduction in bearish positions. Overnight the most-traded SHFE copper 2609 contract opened at 104,490 yuan/mt, and initially dipped to a low of 104,240 yuan/mt. It then drifted higher to touch a high of 104,680 yuan/mt, afterwards moving sideways, and finally settled at 104,480 yuan/mt, up 0.69%. Trading volume reached 33,800 lots, and open interest stood at 192,000 lots, up 1,706 lots from the previous trading day, indicating an increase in bullish positions.

On July 16, SVOLT Energy Technology held its 2026 Global Partner Summit in Changzhou, Jiangsu Province, where it unveiled four major "killer moves": the fully upgraded SVOLT Short Blade 3, the hybrid solid-liquid battery ready for launch, a dual push into energy storage and emerging markets, and the within-year mass production of Fly Stacking 4 — cementing its role as a trailblazer from the "stacking era".

[SMM Flash] Data from SHFE showed that on July 20, total registered warrants for cast aluminum alloy reached 18,698 mt, down 2,107 mt from the previous trading day. By region: Shanghai 1,595 mt (down 629 mt); Guangdong 2,118 mt (down 152 mt); Jiangsu 4,440 mt (down 89 mt); Zhejiang 6,517 mt (down 363 mt); Chongqing 3,243 mt (down 874 mt); Sichuan 785 mt (unchanged).

Shanghai Relun New Material Technology Co., Ltd. operates multiple production lines, including precision casting, centrifugal casting, sand casting, wax casting, and vacuum negative-pressure casting. With strong technical expertise, advanced production processes, and comprehensive physical and chemical testing capabilities, we welcome insightful individuals in and outside China to visit, offer guidance, discuss business, pursue mutual development, and create greater brilliance together.