Chalco Cuts Aluminum Prices across Major Markets on June 12

Published: Jun 12, 2017 11:21
China Aluminum International Trading Co. (Chalco Trading) lowered aluminum prices it offered in major markets today after hike last Friday, it said on its WeChat.

SHANGHAI, Jun. 12 (SMM) –China Aluminum International Trading Co. (Chalco Trading) lowered aluminum prices it offered in major markets today after hike last Friday, 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. 

Collections of 2017-2018 Aluminum Price Forecasts by Global Major Research Firms 

Further Declines in Store for LME Aluminum This Week, SMM Predicts

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 to learn 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
Overseas Aluminum Supply Disruptions Continued, and Cast Aluminum Alloy Futures Surged Sharply Overnight [SMM Cast Aluminum Alloy Morning Comment]
20 mins ago
Overseas Aluminum Supply Disruptions Continued, and Cast Aluminum Alloy Futures Surged Sharply Overnight [SMM Cast Aluminum Alloy Morning Comment]
Read More
Overseas Aluminum Supply Disruptions Continued, and Cast Aluminum Alloy Futures Surged Sharply Overnight [SMM Cast Aluminum Alloy Morning Comment]
Overseas Aluminum Supply Disruptions Continued, and Cast Aluminum Alloy Futures Surged Sharply Overnight [SMM Cast Aluminum Alloy Morning Comment]
[SMM Cast Aluminum Alloy Morning Comment: Overseas Aluminum Supply Disruptions Persist; Aluminum Alloy Futures Surged Sharply Overnight] On Wednesday, ADC12 prices continued to rise, with mainstream quotations raised by 100–300 yuan/mt, driven by the rapid rise in raw material costs. Market quoting sentiment was slightly divided: some enterprises, supported by costs, actively followed the rally, with increases of 200–300 yuan/mt; others believed this round of gains was more macro-driven, with insufficient fundamental support, and that prices face pullback risks, cautiously following up by 100 yuan/mt while staying on the sidelines.
20 mins ago
EBRD Loans €13.7M to Alumil Misr for New Aluminum Extrusion Line in Cairo Plant
25 mins ago
EBRD Loans €13.7M to Alumil Misr for New Aluminum Extrusion Line in Cairo Plant
Read More
EBRD Loans €13.7M to Alumil Misr for New Aluminum Extrusion Line in Cairo Plant
EBRD Loans €13.7M to Alumil Misr for New Aluminum Extrusion Line in Cairo Plant
[SMM Aluminum Express News] The EBRD is providing a loan of up to €13.7 million to Alumil Misr (Egyptian subsidiary of ALUMIL) to build a new aluminium extrusion line at its Polaris Industrial Zone plant in Cairo. The line will significantly increase production capacity, support vertical integration, and strengthen supply of advanced aluminium systems for construction and industrial sectors in Egypt and the region.
25 mins ago
Bahrain Aluminum Hit by Force Majeure; LME Aluminum Prices Reach a New High in 22 Years [SMM Aluminum Morning Meeting Minutes]
29 mins ago
Bahrain Aluminum Hit by Force Majeure; LME Aluminum Prices Reach a New High in 22 Years [SMM Aluminum Morning Meeting Minutes]
Read More
Bahrain Aluminum Hit by Force Majeure; LME Aluminum Prices Reach a New High in 22 Years [SMM Aluminum Morning Meeting Minutes]
Bahrain Aluminum Hit by Force Majeure; LME Aluminum Prices Reach a New High in 22 Years [SMM Aluminum Morning Meeting Minutes]
[SMM Aluminum Morning Meeting Minutes: Aluminum Bahrain Encounters Force Majeure; LME Aluminum Prices Hit a New High Since 2022] Overall, driven by both expectations of a widening overseas supply gap and risk-averse market sentiment, aluminum price fluctuations have further intensified, and SHFE aluminum prices are expected to maintain a fluctuate upward trend in the short term.
29 mins ago