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Aluminum Price Gap Narrows between Guangdong and Shanghai, SMM Says
Sep 5,2017 15:45CST
smm insight
Source:SMM
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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