South and East China Aluminum Markets Show Divergent Performance, SMM Reports

Published: Aug 18, 2017 15:42

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South and east China aluminum markets performed quite differently today.

SHANGHAI, Aug. 18 (SMM) –South and east China aluminum markets performed quite differently today.

SMM Expands Statistics Sample of China Aluminum Stocks

Mainstream traded prices in Guangdong fell to 16,030-16,070 yuan/tonne, marking the first big decline this week. This boosted downstream buying appetite.

Soaring Aluminum Prices Force Some Processors to Suspend Production, SMM Survey

In contrast, both traders and downstream producers in east China showed low buying interest. Mainstream traded prices were 15,960-15,970 yuan/tonne in Shanghai.

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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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