Aluminum prices rose initially on policy incentives, but then pulled back due to weak fundamentals

Jun 03, 2024, at 4:24 pm
SMM

During the week, major bullish news from the macro front pushed aluminium prices higher. Various regions in China introduced policies to lower down payments and cancel the lower limit on mortgage rates, optimizing the real estate sector.

Industri
Aluminium

Sebelumnya
SMM • 2 tahun yang lalu
Coke prices are expected to remain stable
Berikutnya
SMM • 2 tahun yang lalu
The PMI of the domestic aluminum processing industry recorded 41.7% in May

Aluminum prices rose initially on policy incentives, but then pulled back due to weak fundamentals

Coke prices are expected to remain stable

The PMI of the domestic aluminum processing industry recorded 41.7% in May