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China’s aluminium wire market recorded strong gains through March as firm downstream demand and logistics disruptions tightened availability. Early month conductor call offs and wiring loom orders supported domestic offtake, while mid month geopolitical tensions in the Middle East extended transit times and triggered opportunistic restocking. Power grid construction, automotive production and export oriented infrastructure projects remained the strongest demand pillars, with State Grid’s UHV schedule sustaining steady pull. Overseas markets in Africa, the Middle East and Oceania also expanded purchases, reinforcing China’s export momentum. Upstream pressures including higher bauxite costs, rising conversion expenses and increased scrap based competition added to the cost base, while operating rates for aluminium wire and cable continued to climb. Looking ahead, analysts expect further upside into April, supported by freight risks, Southeast Asian restocking and seasonal grid construction demand, keeping sentiment firm across the aluminium wire market.
Prices for aluminium wire in China surged through March as strong downstream demand and logistics disruptions tightened availability. Early in the month, steady conductor call-offs and firm wiring-loom orders supported domestic offtake, while mid-month geopolitical tensions in the Middle East led to rerouted shipments and longer transit times, prompting opportunistic restocking by regional buyers. Producers widened premiums and held firm offers as inventories stayed thin, and late-month data showed processing margins improving alongside rising export enquiries. These combined factors set the stage for a sustained price re-rating heading into the new quarter, reinforcing bullish sentiment across the aluminium wire market.
Demand from power utilities, automotive manufacturers and export-oriented infrastructure projects kept physical offtake strong, reinforcing the sharp rise in aluminium wire prices. State Grid’s March UHV tender schedule sustained steady conductor call-offs, while wiring-loom and EV harness producers reported healthy order books that continued to absorb aluminium...
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