SHANGHAI, Sep 26 (SMM) - The most-traded SHFE 2210 aluminium contract opened at 18,790 yuan/mt last Monday, with its weekly low and high at 18,450 yuan/mt and 19,020 yuan/mt respectively before closing at 18,630 yuan/mt on Friday afternoon, down 105 yuan/mt or 0.56% on the week.
[SMM analysis: Review of changes in domestic aluminium production capacity in the first quarter and prospect for the second quarter]
SHANGHAI, APR 24 (SMM) - The new production capacity and capacity replacement projects were doing better amid the domestic aluminium production resumption and acceleration in the first quarter of 2022, and considerable profits. So that the domestic aluminium operation capacity went upward month by month, and the average daily output of aluminium was getting repaired and gradually surpassed the level of the same period last year. According to SMM data, at the end of the first quarter, the built capacity of domestic aluminium reached 44.07 million mt, and the operation capacity reached around 39.97 million mt.
[SMM analysis: Review of changes in domestic aluminium production capacity in the first quarter and prospect for the second quarter]
SHANGHAI, APR 24 (SMM) - The new production capacity and capacity replacement projects were doing better amid the domestic aluminium production resumption and acceleration in the first quarter of 2022, and considerable profits. So that the domestic aluminium operation capacity went upward month by month, and the average daily output of aluminium was getting repaired and gradually surpassed the level of the same period last year. According to SMM data, at the end of the first quarter, the built capacity of domestic aluminium reached 44.07 million mt, and the operation capacity reached around 39.97 million mt.