Chalco Slashes Aluminum Prices across Major Markets on July 27

Published: Jul 27, 2017 17:08 (GMT+8)

Save

China Aluminum International Trading Co. (Chalco Trading) cut aluminum prices it offered in major markets sharply today after yesterday’s hike, it said on its WeChat.

SHANGHAI, Jul. 27 (SMM) –China Aluminum International Trading Co. (Chalco Trading) cut aluminum prices it offered in major markets sharply today after yesterday’s hike, it said on its WeChat.

Will Aluminum Prices Soar from China’s “Category 7” Scrap Metal Import Ban? SMM Reports

For details, please see the table below:

Unit: yuan/tonne

SMM Aluminum Price Outlook for Q3 and Q4 2017

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

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.

chalco Chalco aluminum price aluminum prices

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

34 mins ago

Cost support remains, pre-holiday demand mediocre [ADC12 Price Daily Review]

[ADC12 price daily review: Cost support remains, pre-holiday demand mediocre] The ADC12 spot market continued to operate steadily overall today, with SMM ADC12 price holding steady at 24,500 yuan/mt from the previous trading day.

34 mins ago

46 mins ago

Cast aluminum alloy reduced positions and rebounded in the night session, moving sideways before the holiday [SMM cast aluminum alloy morning comment]

[Cast aluminum alloy night session reduced positions and rebounded, moving sideways before the holiday] Overnight, the aluminum alloy 2611 contract opened at 23,535 yuan/mt, quickly dipped to a low of 23,470 yuan/mt after the open, then consolidated and rebounded, shot up to 23,730 yuan/mt during the session...

46 mins ago

1 hour ago

Indonesia's Danantara Explores Partnership with CITIC, MIND ID, INALUM for Mineral Resources Development

[SMM Aluminum Express News] Indonesia’s sovereign wealth manager Danantara is exploring cooperation with CITIC Resources, MIND ID and state-owned aluminium producer INALUM to strengthen the development and management of Indonesia’s strategic mineral resources. Danantara CEO Rosan Roeslani said on September 25 that discussions in Jakarta are focused on three areas: capital, mineral resources and infrastructure, with the resources component involving CITIC Resources, MIND ID and INALUM.

1 hour ago