Chalco Cuts Aluminum Prices Further in Major Markets on May 9

Published: May 9, 2017 10:34
China Aluminum International Trading Co. (Chalco Trading) continued cutting aluminum prices it offered in major markets today, it said on its WeChat.

SHANGHAI, May 9 (SMM) –China Aluminum International Trading Co. (Chalco Trading) continued cutting aluminum prices it offered in major markets today, it said on its WeChat.   

For details, please see the table below: 

Unit: yuan/tonne  

Note: Chalco Trading is a full subsidiary under Chalco responsible for alumina and aluminum sales. 

Aluminum Supply Side Reform to Cause Severe Deficit? Don’t Be Naive!

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.

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

 

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
【SMM Aluminum Flash News】Australia Nears Power Support Deal for Tomago Aluminum Smelter
1 min ago
【SMM Aluminum Flash News】Australia Nears Power Support Deal for Tomago Aluminum Smelter
Read More
【SMM Aluminum Flash News】Australia Nears Power Support Deal for Tomago Aluminum Smelter
【SMM Aluminum Flash News】Australia Nears Power Support Deal for Tomago Aluminum Smelter
Australia's federal and New South Wales governments are in the final stage of negotiations on a long-term power support package for the Tomago aluminum smelter, with an announcement expected in August. The proposal includes a long-term power purchase agreement (PPA) with state-owned Snowy Hydro, providing electricity below market prices to secure the smelter's operations beyond the expiry of its current power contract in 2028. The annual subsidy is estimated at US$300–470 million. Tomago consumes around 12% of New South Wales' electricity and is one of Australia's most strategically important primary aluminum smelters.
1 min ago
SMM Visits VPG: What Key Signals Is This Vietnamese Group Sending to Chinese Aluminum Companies?
9 mins ago
SMM Visits VPG: What Key Signals Is This Vietnamese Group Sending to Chinese Aluminum Companies?
Read More
SMM Visits VPG: What Key Signals Is This Vietnamese Group Sending to Chinese Aluminum Companies?
SMM Visits VPG: What Key Signals Is This Vietnamese Group Sending to Chinese Aluminum Companies?
9 mins ago
【SMM Aluminium Flash News】India Says EU FTA Includes CBAM Roadmap to Support Exporters
12 mins ago
【SMM Aluminium Flash News】India Says EU FTA Includes CBAM Roadmap to Support Exporters
Read More
【SMM Aluminium Flash News】India Says EU FTA Includes CBAM Roadmap to Support Exporters
【SMM Aluminium Flash News】India Says EU FTA Includes CBAM Roadmap to Support Exporters
India said its free trade agreement (FTA) with the European Union includes a dedicated CBAM roadmap to help businesses comply with the EU's Carbon Border Adjustment Mechanism. According to the Commerce Ministry, the agreement provides a framework for future discussions on CBAM flexibility and the recognition of carbon pricing paid in India, helping reduce compliance costs for exporters. The government also plans nationwide outreach programmes to assist SMEs with carbon accounting and verification requirements. The India-EU FTA is expected to be signed in 2026 and could enter into force in 2027.
12 mins ago