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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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