Will China Aluminum Costs Continue Falling in October?

Published: Oct 19, 2015 10:43

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Chinese aluminum smelters reported lower cash costs in September. Will the trend continue into October?

SHANGHAI, Oct. 19 (SMM) –Chinese aluminum smelters reported lower cash costs in September. Will the trend continue into October?

The answer is yes, SMM’s aluminum research team predicts. The potential decline will be marginal, though.

The average cash cost for aluminum smelters in SMM’s survey sample slid 1.52% month-on-month in September. Power cost slipped 0.67%, and alumina cost decreased 1.38%. Prebaked anode cost declined 5.03%.

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China aluminum cost

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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