Profit Expands Further at Aluminum Producers in China, SMM Reports-Shanghai Metals Market

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Profit Expands Further at Aluminum Producers in China, SMM Reports

SMM Insight 10:12:07AM May 03, 2017 Source:SMM

SHANGHAI, May 3 (SMM) – Profit margins at aluminum producers in China have been improving steadily of late thanks to lower costs, SMM found.

Despite lower aluminum prices, falling alumina prices have helped expand the average profit to 1,400 yuan/tonne at aluminum smelters surveyed by SMM.

The SMM average spot aluminum price was 14,106 yuan/tonne in the week ending April 30, down 74 yuan/tonne on a weekly basis.

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

Profit Expands Further at Aluminum Producers in China, SMM Reports

SMM Insight 10:12:07AM May 03, 2017 Source:SMM

SHANGHAI, May 3 (SMM) – Profit margins at aluminum producers in China have been improving steadily of late thanks to lower costs, SMM found.

Despite lower aluminum prices, falling alumina prices have helped expand the average profit to 1,400 yuan/tonne at aluminum smelters surveyed by SMM.

The SMM average spot aluminum price was 14,106 yuan/tonne in the week ending April 30, down 74 yuan/tonne on a weekly basis.

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