SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance Centre
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltLithium Battery Cathode Precursor and MaterialAnode MaterialsArtificial GraphiteDiaphragmElectrolyteOther MaterialsLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / Market Frenzy Drives SHFE Aluminum to Over 4 Year High, SMM Reports

Market Frenzy Drives SHFE Aluminum to Over 4 Year High, SMM Reports

iconApr 17, 2017 10:22
Source:SMM
SHFE 1706 aluminum soared to the highest since March 2013 today on rampant market speculation triggered by two pieces of news, SMM reported.

SHANGHAI, Apr. 17 (SMM) – SHFE 1706 aluminum soared to the highest since March 2013 today on rampant market speculation triggered by two pieces of news, SMM reported.

The government of Changji Prefecture, Xinjiang, ordered three local companies to halt construction of illegal aluminum capacity, according to the government website on April 14.

Xinjing Halts 2 Million Illegal Aluminum Capacity Construction 

Meanwhile, it is rumored that the National Development & Reform Commission (NDRC) will issue a notice on cleaning up illegal projects in aluminum industry. This fueled expectations that China will tighten control over aluminum supply.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

aluminum prices

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All
MOST POPULAR
1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles
2.Aluminum Wire Supplier Screening
3.Cost Analysis Of AL Extrusion For Target Units
4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)
5.Optimization Of Purchasing Cost For Casting Alloys
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.