Big Aluminum Price Volatility Turns Downstream Producers Cautious about Taking Orders, SMM Says

Published: Aug 18, 2017 19:19

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Recently, aluminum prices frequently gained over 200 yuan/tonne on a single day, but also recorded big declines.

SHANGHAI, Aug. 18 (SMM) – Recently, aluminum prices frequently gained over 200 yuan/tonne on a single day, but also recorded big declines.

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

Such big changes have turned aluminum rod producers cautious about taking orders.

SMM Expands Statistics Sample of China Aluminum Stocks

For example, one aluminum rod producer is worried that it may suffer losses from high aluminum purchasing prices and low rod selling prices.

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