SMM

Data released by the International Aluminium Institute (IAI) showed that global alumina production in April 2025 was 12.407 million mt, with a daily average production of 413,600 mt. The IAI stated that China's estimated alumina production in April 2025 was 7.384 million mt.

[SMM News] This week, some refineries completed maintenance and resumed production, leading to an increase in supply, particularly of mid and high-sulphur petroleum coke. Additionally, as downstream enterprises of petroleum coke generally adopted a wait-and-see attitude at month-end, market trading activity weakened, and petroleum coke prices fell continuously. Despite the approaching holiday, downstream enterprises did not exhibit significant stockpiling behavior, instead continuing to purchase as needed. Overall, the petroleum coke market currently lacks obvious positive support on both the supply and demand sides, and prices are expected to remain weak in the short term.

[SMM Flash News] During the week, due to strong wait-and-see sentiment among downstream enterprises, the sales performance of petroleum coke from local refineries was unsatisfactory, and prices continued to decline. As of Friday, the average price of petroleum coke from local refineries was approximately 2,247 yuan/mt, down 5.13% from the previous Friday. Affected by this, the prices of petroleum coke at ports also gradually declined. Meanwhile, the sales performance of imported petroleum coke was also poor, leading to a continuous increase in port inventories.

According to customs data, China's prebaked anode exports in April 2025 were 154,100 mt, down 7.64% YoY and 20.01% MoM. A rough calculation shows that the average export price of prebaked anode in April 2024 was approximately $843.64/mt, up 25.23% YoY and 7.31% MoM. The cumulative total exports of prebaked anode in China in 2025 were 736,700 mt, up 13.83% YoY.

According to customs data, China's prebaked anode exports in April 2025 were 154,100 mt, down 7.64% YoY and 20.01% MoM. A rough calculation shows that the average export price of prebaked anode in April 2024 was approximately $843.64/mt, up 25.23% YoY and 7.31% MoM. The cumulative total exports of prebaked anode in China in 2025 were 736,700 mt, up 13.83% YoY.

Mingtai AL.Industrial Co., Ltd. signed a strategic cooperation agreement with Great Power Energy to deeply deploy in cutting-edge fields such as solid-state batteries and sodium-ion batteries, providing full-chain material support for solid-state battery projects. The company's independently developed 8021 and 8079 alloy aluminum-plastic film aluminum foil products have gained industry recognition for their dual-core performance of "high barrier + high surface". Through hot rolling and rigorous cold rolling processes, these products simultaneously possess characteristics such as moisture resistance, airtightness, and light shielding, meeting the requirements of global mainstream certifications including national standards, American standards, and European standards, and can meet the needs of solid-state batteries for complex exterior shapes.

[SMM Flash News] During the week, due to strong wait-and-see sentiment among downstream enterprises, the sales performance of petroleum coke from local refineries was unsatisfactory, and prices continued to decline. As of Friday, the average price of petroleum coke from local refineries was approximately 2,247 yuan/mt, down 5.13% from the previous Friday. Affected by this, the prices of petroleum coke at ports also gradually declined. Meanwhile, the sales performance of imported petroleum coke was also poor, leading to a continuous increase in port inventories.

Recently, the Ecology and Environment Bureau of Qijiang District issued an announcement on the approval decision for the intelligent processing and production project of aluminum veneer by Chongqing Jingqi Aluminum Industry Co., Ltd., and the environmental impact assessment (EIA) for the project was approved. This project falls under the category of technological transformation, with a construction area of approximately 11,800 m², including 9,500 m² for the factory building and 2,300 m² for the office building. The main construction includes one sheet metal production line, one surface pretreatment line, and one coating line (shared for powder coating and spray painting). Upon completion, the project will have an annual production capacity of 550,000 pieces of aluminum veneer. The total investment for the project is 8 million yuan, including 400,000 yuan for environmental protection.

[SMM News] This week, some refineries completed maintenance and resumed production, leading to an increase in supply, particularly of mid and high-sulphur petroleum coke. Additionally, as downstream enterprises of petroleum coke generally adopted a wait-and-see attitude at month-end, market trading activity weakened, and petroleum coke prices fell continuously. Despite the approaching holiday, downstream enterprises did not exhibit significant stockpiling behavior, instead continuing to purchase as needed. Overall, the petroleum coke market currently lacks obvious positive support on both the supply and demand sides, and prices are expected to remain weak in the short term.