According to CRU Group, supply disruptions stemming from Middle East conflict could create a global aluminum market shortage of approximately 1.4 million tons this year. European aluminum premiums may rise to as high as $700 per ton.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Commonwealth Bank Forecasts U.S. Core Inflation May Exceed Consensus on May 12
According to Commonwealth Bank of Australia strategist Sarah Hammoud on May 12, core U.S. inflation could exceed market consensus expectations. Hammoud cited energy price spillover effects on airfare and food costs as a key risk factor. If core inflation comes in higher than expected, it would
GateNews4m ago
China's Coastal Coal Freight Rate Index Falls 3.2% to 1207.64 Points on May 12
According to Jin10 Futures, China's Coastal Bulk Freight Index (CBCFI) fell to 1207.64 points on May 12, down 3.2%. The decline was driven by reduced cargo availability in the shipping market, as downstream terminals showed limited acceptance of coal despite strong summer electricity demand
GateNews10m ago
China Domestic Airline Fuel Surcharges Rise to 90 Yuan, 170 Yuan Starting May 16
According to Jin Shi Data, China's domestic airline fuel surcharges will increase starting May 16. Flights of 800 kilometers or less will see rates rise from 60 yuan to 90 yuan, while routes exceeding 800 kilometers will increase from 120 yuan to 170 yuan, representing increases of 30 yuan and 50 yu
GateNews44m ago
Beijing CPI Turns Positive in April, Rising 0.4% Month-over-Month as Oil Prices Rise
According to Jin10 Data, Beijing's consumer price index (CPI) rose 0.4% month-over-month in April 2026, reversing a 1.1% decline in March, with year-over-year gains expanding to 0.6%. Non-food prices climbed 0.9%, becoming the primary driver of inflation. Gasoline prices surged 12.7% due to
GateNews46m ago
SHFE Warehouse Receipts: Aluminum Oxide Plunges 505,850 Tons on May 12
According to Shanghai Futures Exchange (SHFE) warehouse receipt data released on May 12, aluminum oxide futures saw the largest single-day decline of 505,850 tons. Butadiene rubber also declined significantly, down 31,480 tons. Among other notable movements, lead futures increased 6,547 tons and
GateNews1h ago
India's State Fuel Retailers Face 100 Rupees Loss Per Liter of Diesel on May 12, Minister Assesses Viability
According to India's Oil Minister Puri, on May 12, the government is evaluating how much longer state-owned fuel retailers can sustain losses from selling diesel and gasoline below market prices. Joint Secretary Sharma disclosed that retailers currently lose approximately 100
GateNews1h ago
