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Home / Metal News / Price Gap Expands between Guangdong and Shanghai Aluminum Markets, SMM Says

Price Gap Expands between Guangdong and Shanghai Aluminum Markets, SMM Says

iconSep 6, 2017 18:10
Trading improved a lot in Guangdong aluminum market today as rally of SHFE aluminum this morning restored market confidence. 

SHANGHAI, Sept. 6 (SMM) – Trading improved a lot in Guangdong aluminum market today as rally of SHFE aluminum this morning restored market confidence. 

Qujing Aluminum Restarts Idled Capacity after Four Years

Mainstream traded prices were 16,110-16,130 yuan/tonne in Guangdong, a premium of 80 yuan/tonne over Shanghai. 

LME Reports Higher Aluminum Net Long Positions 

Traders stockpiled goods actively, while downstream producers went bargain hunting. 

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

guangdong 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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