Alu News
Aladdiny analysts estimate domestic primary aluminium production costs at RMB13,100/t, with reference to current spot aluminium prices at RMB13,500/t. Data shows 87% of domestic aluminum capacity in operation is capable of taking some profits, 99% are cash cost positive.
In the meantime, with the opening of the import arbitrage window, several traders are prepared to import in excess of 200 kt of aluminium ingots in June.
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