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[Al Price] Chalco Unexpectedly Hikes Aluminum Prices

iconJul 8, 2015 17:17
Source: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.

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.  

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China Aluminum International Trading Co.
Chalco
Chalco aluminum price

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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