Alex's Daily Alu Digest
Thursday, 28 May 2026
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3 stories
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LME Aluminium
$3,665/t
-$35 (-1.0%)
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Cash settlement · USD/t
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ECDP
$596/t
$0 (0.0%)
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P1020A in-whs dp Rotterdam · USD/t
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Novelis / Hindalco
26 May
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#1
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Hindalco Industries likely to gain from high aluminium, copper prices
Business Standard reported that Hindalco Industries is expected to benefit from prevailing high aluminium and copper prices.
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Trade & Regulation
25 May
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#2
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Top bauxite producer Guinea to unveil export controls in June
Guinea, the world's largest bauxite producer, plans to unveil export controls in June 2026 aimed at stabilising bauxite prices amid global market volatility.
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Novelis angle
Guinea export controls would add a further supply constraint upstream of European smelters, putting upward structural pressure on P1020 availability and ECDP premiums independent of the current Middle East disruption.
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Global aluminum rally could draw record exports from China
China's daily aluminium output hit an all-time high of 129,000 tonnes in May 2026, with full-year exports tracking toward 7.2–7.5 million tonnes—potentially exceeding the 2024 record of 6.7 million tonnes—as the LME–Shanghai price premium reached its widest since March 2022.
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Novelis angle
Record Chinese aluminium exports would partially replenish global P1020 supply and cap further ECDP premium gains, easing upstream cost pressure for European FRP producers including Novelis.
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READ FULL STORY ↗
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