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[Al Supply]Will 15% Freight Rate Cut Trigger Massive Aluminum Outflow from Xinjiang?
Jun 25,2015 12:03CST
smm insight
Source:SMM
The recent 15% freight rate cut for shipping aluminum ingot out of Xinjiang will not trigger a massive outflow of the light metal from the province, Shanghai Metals Market notes.
SHANGHAI, Jun. 25 (SMM) – The recent 15% freight rate cut for shipping aluminum ingot out of Xinjiang will not trigger a massive outflow of the light metal from the province, Shanghai Metals Market notes. 
 
SMM’s conclusion is based largely on the fact that the traditional off-season for aluminum consumption is setting in. Besides, growing aluminum liquid consumption in Xinjiang will also curtail exodus of ingot. 
 
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