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

Compliance Centre Products About Us Contact Us

English

English 中文

News

Non-ferrous

Base metals

Minor metals

Precious metals

Scrap metals

Rare earth

Steel

Coke Iron Ore Pig Iron Finished Steel Stainless Steel

New Energy

Cobalt Lithium Ternary Precursor and Material Chemical compound

Price News Publication Database Events Consulting

Publication Database Events Consulting SMM APP Compliance Centre About Us SMM Credit Service Contact Us What We Do?

Home / Metal News / Aluminium / Big Aluminum Price Volatility Turns Downstream Producers Cautious about Taking Orders, SMM Says

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

Aug 18,2017 19:19

CST

smm insight

Source:SMM

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.

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

aluminum prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

The table below shows cash to 3-month backwardation/contango of base metals on the LME on October 12.

Oct 13, 2017 10:25 timezone

CST

industry news

LME Base Metals Cash to 3-Month Backwardation/Contango (2017-10-12)

SMM Aluminum Price Falls in Week Ending September 29

SMM weekly average aluminum price dropped in the week ending Sept. 29.

Sep 29, 2017 18:15 timezone

CST

smm insight

SMM Aluminum Price Falls in Week Ending September 29

Aluminum Prices in East China Jump on Two Factors, SMM Reports

Aluminum prices in east China market rose notably on Wednesday thanks to pre-holiday stocking and higher SHFE aluminum.

Sep 27, 2017 17:16 timezone

CST

smm insight

Aluminum Prices in East China Jump on Two Factors, SMM Reports

LME Aluminum to Fluctuate at Highs (2017-9-22)

LME aluminum will fluctuate at highs after base metals plunged yesterday, moving between USD 2,140-2,175/mt.

Sep 22, 2017 09:37 timezone

CST

price review & forecast

LME Aluminum to Fluctuate at Highs (2017-9-22)

Wider Spot Discounts Lure Traders into East China Aluminum Market, SMM Reports

Spot discounts in east China aluminum market widened on Thursday, attracting some traders to make purchases.

Sep 14, 2017 17:03 timezone

CST

smm insight

Wider Spot Discounts Lure Traders into East China Aluminum Market, SMM Reports

SHFE Aluminum to Strengthen (2017-9-4)

LME aluminum will rise further to USD 2,130-2,155/mt today after hitting highest since February 2013, due to positive KDJ and bullishness in other base metals.

Sep 4, 2017 09:34 timezone

CST

price review & forecast

LME Aluminum to Fall on Growing Stocks (2017-8-23)

LME aluminum will fall to USD 2,060-2,090/mt today since LME aluminum stocks are beginning to rise.

Aug 23, 2017 09:32 timezone

CST

price review & forecast

LME Aluminum to Fall on Growing Stocks (2017-8-23)

Hebei Eliminates 20,000 Sets of Coal-Fired Furnaces in January-July 2017

Hebei, promoting to supply heating by clean energy in winter days, has cracked down 20,379 sets of coal-fired furnaces in the first seven months of 2017.

Aug 22, 2017 09:40 timezone

CST

industry news

Hebei Eliminates 20,000 Sets of Coal-Fired Furnaces in January-July 2017

LME Base Metals Cash to 3-Month Backwardation/Contango (2017-8-17)

The table below shows cash to 3-month backwardation/contango of base metals on the LME on August 17.

Aug 18, 2017 10:55 timezone

CST

smm insight

LME Base Metals Cash to 3-Month Backwardation/Contango (2017-8-17)

SHFE Aluminum to Trade in Wide Range (2017-8-18)

LME aluminum will range USD 2,055-2,075/mt today and test support at the 5-day moving average.

Aug 18, 2017 09:34 timezone

CST

price review & forecast

SHFE Aluminum to Trade in Wide Range (2017-8-18)

MOST POPULAR

price review forecast

1.SMM Morning Comments (Sep 22): Shanghai base metals were mostly lower following overnight dollar bounce-back

price review forecast

2.SMM Morning Comments (Sep 23): Shanghai base metals fell broadly on coronavirus concerns

price review forecast

3.SMM Evening Comments (Sep 21): Shanghai nonferrous metals closed mostly higher, nickel fell 1.99%

price review forecast

4.SMM Morning Comments (Sep 24): Nonferrous metals fell across the board as the dollar extended gains

price review forecast

5.SMM Evening Comments (Sep 23): Shanghai nonferrous metals declined for the most part, tin advanced 0.68%

China Metals Market

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Related news