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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