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Home / Metal News / SHFE Aluminum Surges as Market Gets Sensationalized by Off-Peak Production Program in Hebei, SMM Reports 

SHFE Aluminum Surges as Market Gets Sensationalized by Off-Peak Production Program in Hebei, SMM Reports 

iconAug 7, 2017 12:03
Source:SMM
SHFE aluminum prices soared this morning as speculative capital poured in following release of Program for Off-Peak Production during Winter Heating Season by Hebei Province.  

SHANGHAI, Aug. 7 (SMM) – SHFE aluminum prices soared this morning as speculative capital poured in following release of Program for Off-Peak Production during Winter Heating Season by Hebei Province.  

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SMM sees no impact on aluminum and alumina production since there are no aluminum smelters and alumina refineries in operation in the province at present. 

SMM Data: China Aluminum Output Jumps in July

However, market sees the program by Hebei as a signal that there is growing possibility for other regions to control aluminum and alumina production for environmental reason. 

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

SHFE aluminum prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

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