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Home / Metal News / Oversupply Persists in East China Aluminum Market, SMM Reports 

Oversupply Persists in East China Aluminum Market, SMM Reports 

iconAug 25, 2017 13:55
Source:SMM
Despite a slight pickup in downstream purchases, overall supply in east China aluminum market remained in surplus today.

SHANGHAI, Aug. 25 (SMM) – Despite a slight pickup in downstream purchases, overall supply in east China aluminum market remained in surplus today.

SMM Average Aluminum Price Continues Surging during Aug. 21-25, 2017

Traders were cautious about buying, SMM found. 

Rusal Optimistic over Aluminum Outlook in H2 2017 on Tight Supply in China

Mainstream traded prices were 16,190-16,210 yuan/tonne in Shanghai, discounts of 230-210 yuan/tonne over SHFE 1709 aluminum, 16,180-16,200 yuan/tonne in Wuxi, and 16,190-16,210 yuan/tonne in Hangzhou. 

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

aluminum prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

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