Aluminium futures closed slightly higher at 248.95 due to supply risks in the raw material market and optimism about stable manufacturing demand.
Guinea’s fragile situation, where disagreements between the Guinean government and Emirates Global Aluminium threaten to disrupt mining licenses, has limited exports and caused China’s bauxite imports to fall 21%.
Total inventories across LME and SHFE remain 60% lower than last year, indicating tightness in the physical market. China’s aluminium output rose by 5% YoY to 3.83 million metric tons in May and reached 18.59 million metric tons in the first five months of 2025, up 4% YoY.
