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

Published: Sep 6, 2017 18:10

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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.

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guangdong aluminum prices

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