SHANGHAI, Jul. 8 (SMM) –China Aluminum International Trading Co. (Chalco Trading) raised aluminum prices by 80-130 yuan per tonne on July 8, it said on its WeChat.
The price hike came as a great surprise since commodity market, including aluminum, fell across the board due to panic selloffs.
For details, please see the table below:
Unit: yuan/tonne
Region | July 7 | July 8 | Change |
East China | 12,370 | 12,500 | +130 |
South China | 12,420 | 12,500 | +80 |
Southwest China | 12,400 | 12,500 | +100 |
Note: Chalco Trading is a full subsidiary under Chalco responsible for alumina and aluminum sales.
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
