Trading Turns Brisk in South China Market after SHFE Aluminum Falls, SMM Reports_SMM

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Home / Metal News / Aluminium / Trading Turns Brisk in South China Market after SHFE Aluminum Falls, SMM Reports

Trading Turns Brisk in South China Market after SHFE Aluminum Falls, SMM Reports

Aug 23,2017 15:43

CST

smm insight

Source:SMM

Traders were active in south China spot aluminum market today after SHFE aluminum went down.

SHANGHAI, Aug. 23 (SMM) – Traders were active in south China spot aluminum market today after SHFE aluminum went down.

Citi and Societe Generale Express Divergent Views over Base Metals Price Outlook

Downstream producers, by contrast, remained inactive in buying.

Industry Insiders Bullish over Base Metals in H2 2017

Mainstream traded prices were 15,950-15,970 yuan/tonne in Guangdong, premium of 50 yuan/tonne over Shanghai.

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SHFE aluminum prices

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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 Rise further (2017-9-12)

LME aluminum will range USD 2,110-2,135/mt today, seeking support from SHFE aluminum.

Sep 12, 2017 09:35 timezone

CST

price review & forecast

SHFE Aluminum to Rise further (2017-9-12)

LME Aluminum to Fall further (2017-9-11)

LME aluminum will drop to USD 2,080-2,105/mt today on strong bearishness.

Sep 11, 2017 09:46 timezone

CST

price review & forecast

LME Aluminum to Fall further (2017-9-11)

Spot Discounts Narrow Sharply in East China Aluminum Market, SMM Reports

Spot discounts narrowed at a faster pace in east China spot aluminum market on Thursday.

Sep 7, 2017 13:33 timezone

CST

smm insight

Spot Discounts Narrow Sharply in 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

Trading Improves after Spot Aluminum Prices Fall below 16,000 yuan/tonne, SMM Reports

Downstream producers went bargain hunting after spot aluminum prices in east China market fell below 16,000 yuan/tonne.

Aug 30, 2017 14:58 timezone

CST

smm insight

Trading Improves after Spot Aluminum Prices Fall below 16,000 yuan/tonne, SMM Reports

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1.Exclusive: China's base metals output in August

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2.SMM Morning Comments (Sep 10): Shanghai base metals were mostly lower as investors eye ECB meeting

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3.SMM Evening Comments (Sep 11): Shanghai nonferrous metals declined for the most part, zinc advanced 0.73%

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4.SMM Morning Comments (Sep 8): Shanghai base metals were mostly higher on Tuesday morning

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5.SMM Morning Comments (Sep 9): Shanghai base metals extended overnight losses amid unfavorable macroeconomic environment

China Metals Market

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