Download our mobile app to 
your devices
Android devicesiOS devices
Holiday Pricing ScheduleFREE TRIALCompliance CentreAbout UsContact Us
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltTernary Precursor and MaterialAnode MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsCar Insight
Home / Metal News / Bullish Traders Pour in after SHFE Aluminum Advances, SMM Reports

Bullish Traders Pour in after SHFE Aluminum Advances, SMM Reports

iconAug 21, 2017 14:21
Source:SMM
SHFE 1709 aluminum performed well on Monday and ended at 16,380 yuan/tonne before lunchtime. 

SHANGHAI, Aug. 21 (SMM) – SHFE 1709 aluminum performed well on Monday and ended at 16,380 yuan/tonne before lunchtime. 

Aluminum Stocks Continue Growing in China Seven Major Markets, SMM Says

Traders were active in south China aluminum market out of bullishness, while downstream producers still showed low buying interest.

Aluminum Bulls Watch Out: Crazy Speculations Mask Poor Market Fundamentals, SMM Warns

However, trading this week should be better than last week since orders have shown signs of improvement at downstream producers. 

Mainstream traded prices were 16,180-16,200 yuan/tonne in Guangdong this morning, with premiums over Shanghai narrowing to 50 yuan/tonne.   

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

aluminum prices
SHFE aluminum prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news

SMM Events & Webinars

All
MOST POPULAR
1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles
2.Aluminum Wire Supplier Screening
3.Cost Analysis Of AL Extrusion For Target Units
4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)
5.Optimization Of Purchasing Cost For Casting Alloys
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
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
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.