Weiqiao cut benchmark prebaked anode purchasing price for April

Telah Terbit: Apr 1, 2020 10:39
Shandong Weiqiao Group, the top aluminium producer in China, cut its benchmark purchasing price for prebaked anode following a plunge in prices of petroleum coke, raw material for anodes.

SHANGHAI, Apr 1 (SMM) – Shandong Weiqiao Group, the top aluminium producer in China, cut its benchmark purchasing price for prebaked anode following a plunge in prices of petroleum coke, raw material for anodes.

 

Weiqiao reduced the benchmark cash price by 170 yuan/mt to 2,660 yuan/mt for April, after it raised the benchmark for two consecutive months.

 

Prices of petroleum coke have been on the decline since late March.

 

Wider losses and weaker demand also prompted the aluminium producer to lower its bid for raw material. SMM data showed that Weiqiao has scaled back capacity by 625,000 mt/year.

Pernyataan Sumber Data: Kecuali informasi yang tersedia untuk publik, semua data lainnya diproses oleh SMM berdasarkan informasi publik, komunikasi pasar, dan mengandalkan model database internal SMM. Hanya untuk referensi dan tidak menjadi rekomendasi pengambilan keputusan.

Untuk pertanyaan atau informasi lebih lanjut, silakan hubungi: lemonzhao@smm.cn
Untuk informasi lebih lanjut tentang cara mengakses laporan penelitian kami, hubungi:service.en@smm.cn
Weiqiao cut benchmark prebaked anode purchasing price for April - Shanghai Metals Market (SMM)