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China aluminium cuts: what is the production impact in Shandong province?

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22 August 2019

China aluminium cuts: what is the production impact in Shandong province?

Report summary

August is shaping up to be a turbulent month for the Chinese aluminium market. The SHFE aluminium price has rocketed to RMB14,400/t on reports of a 500-kt production cut in Xinjiang province. The second disruption came from the damage wreaked by Typhoon Lekima, which struck Shandong province on 11 August. Estimates of the impact to aluminium capacity range from negligible to 1 Mt. Read our Inform to find out which end of the spectrum our estimates place the production lost.

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    China aluminium cuts: what is the production impact in Shandong province?

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