China’s imports of bauxite (aluminum ore and its concentrate) in June were 10.139800 tons, an increase of 11% month-on-month and a year-on-year decrease of 3%.
In June 2021, China’s aluminum foil export volume was 112,300 tons, a year-on-year increase of 18.55% and a month-on-month increase of 8.17%. In June, China’s aluminum sheet and strip exports amounted to 236,900 tons, a year-on-year increase of 41.72% and a month-on-month increase of 4.67%. China imported 79,400 tons of aluminum wheels in June, down 8% month-on-month and up 56% year-on-year.
In June 2021, 38,900 tons of scrap aluminum were imported, a year-on-year decrease of 36.3% and a month-on-month increase of 13.48%. Cumulative imports from January to June were 406,800 tons, a year-on-year increase of 4.6%.
In June 2021, the import volume of unwrought aluminum alloy was 90,000 tons, a year-on-year decrease of 31.3% and a month-on-month increase of 3.2%. From January to June, the total import volume was 485,200 tons, a year-on-year increase of 4%. In June 2021, the export volume of unwrought aluminum alloy was 8,100 tons, a year-on-year decrease of 27.2% and a month-on-month decrease of 30.0%. A total of 81,800 tons were exported from January to June, a year-on-year decrease of 21.1%.
Data released by the International Aluminum Association on Tuesday showed that global primary aluminum production fell to 5.549 million tons in June, and the output in May was revised to 5.75 million tons. The IAI report predicts that China’s primary aluminum production in June will fall to 3.245 million tons, which was revised to 3.35 million tons in May.
Heavy rains in Henan Province caused the entire railway transportation line of Zhengzhou Bureau to be paralyzed. All the trains passing through Zhengzhou have been suspended. It is expected that the aluminum products will be affected during the transportation stage.
In order to ensure the supply of bulk commodities and stabilize prices, the National Development and Reform Commission and the State Bureau of Grain and Material Reserves decided to put in batches of national reserves of copper, aluminum and zinc. Following the release of 20,000 tons of national reserves of copper, 50,000 tons of aluminum, and 30,000 tons of zinc on July 5, the second batch of national reserves of 30,000 tons of copper, 90,000 tons of aluminum and 50,000 tons of zinc will be released in late July. Xu Gaopeng, director of the Material Reserve Department of the State Administration of Grain and Material Reserves, said that the state reserves of materials are sufficient, confident and capable of stabilizing expectations, and cooling the market.
The National Development and Reform Commission held a national price work conference: The meeting analyzed the current price situation and asked the local price authorities to focus on strengthening price monitoring and early warning and anticipation management, strengthening the price control of bulk commodities, and ensuring the supply and price stability of important livelihood commodities to ensure that this year The overall price level control target.
Goldman Sachs Group said that commodities will rebound sharply after the recent sell-off, unless there is a large-scale lockdown to prevent and control the Delta variant of the new crown virus, but Goldman Sachs believes that this is unlikely. Goldman Sachs stated that the risk of a large-scale lockdown to curb the spread of the Delta variant virus is “still relatively low.” Even if this happens, “given past experience, it will only postpone our expected outlook by 6-8 weeks. “.
The above is the whole content of today’s morning bus. A new day has begun, I wish you a happy work!