Aluminum Price Gap Narrows between Guangdong and Shanghai, SMM Says

Published: Sep 05, 2017 15:45 (GMT+8)

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Aluminum premiums in Guangdong over Shanghai narrowed slightly to around 70 yuan/tonne on Tuesday.

SHANGHAI, Sept. 5 (SMM) – Aluminum premiums in Guangdong over Shanghai narrowed slightly to around 70 yuan/tonne on Tuesday.

Commerzbank Sees Growing Possibility of Corrections in Base Metals

Mainstream traded prices were 16,230-16,250 yuan/tonne in Guangdong market.

Aluminum Premiums to Japanese Buyers Tumble in Q4 on Ample Supply in Asia

The slump in SHFE aluminum triggered strong wait-and-see sentiment among buyers, leaving trading poor.

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