Aluminum Prices Offered by Chalco to Potentially Break through 16,000 yuan/tonne, SMM Says

Published: Aug 9, 2017 13:06

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China Aluminum International Trading Co. (Chalco Trading) has been hiking aluminum prices it offered across major markets sharply for three days in a row.

SHANGHAI, Aug. 9 (SMM) – China Aluminum International Trading Co. (Chalco Trading) has been hiking aluminum prices it offered across major markets sharply for three days in a row.

Breaking News: Weiqiao Group and Xinfa Group Ordered to Close Illegal Aluminum Capacity

The prices it offered are already close to 16,000 yuan/tonne, possibly due to lots of output cut news recently, SMM understands.

Aluminum Still Has Room to Rise on New Reason for Longs to Jump in, SMM Expects

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.

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.

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