BLACK CHINA BLOG


The aluminium price has been down for 4 months in both China and ROW. It climbed up after the Chinese New Year holidays, and is now showing support above RMB 11,000. At the same time, inventory levels reported at Shanghai also rose.   Normally increased prices is a sign of tight inventory, not growing stock levels. But […]

By: Kathy Liu | Read More

China has two Purchasing Managers Indices, but it’s hard to see which one delivered a worse result today. The Caixin PMI came in at 48.0, after hitting 48.4 last month. The Caixin index looks more at small to medium sized enterprises, and anything below 50 is a contraction in activity. the Caixin PMI has been […]

By: Paul Adkins | Read More

It was only 2 weeks ago everyone at TMS was getting excited about the news that something was happening on March 1.   According to one rumour, China would be banning high sulphur petcoke imports from this date. We tried to make it clear at that time that March 1 was nothing more than the […]

By: Paul Adkins | Read More

The issue of China’s continuing export of aluminum into export markets is top of mind in many corners of the world.   Fake semis, as they are called, are the hottest topic in many aluminium circles.  So it is worth looking just a little deeper into the data to understand what is really happening. I […]

By: Paul Adkins | Read More

If you know Australia’s Rugby League teams, then you know it takes a special group of people to support the Cronulla Sharks.   Cronulla is a suburb on the southern beaches of Sydney, and folk who hail from there are said to be from “the Shire”.  It is not common for Sharks fans to hail […]

By: Paul Adkins | Read More

Aluminium Corporation of China Limited (Chalco) chairman Ge Honglin has resigned. The company’s vice president Qiao Guiling also quit on the same day. Their departure follows Chalco CEO Luo Lanchuan and Vice CEO/CFO Xie Weizhi who both departed at the end of 2015, just 6 weeks prior. Mr Ge’s resignation was unexpected by the marketplace. Mr. Ge was previously […]

By: Kathy Liu | Read More
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