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Home / Metal News / Trading Turns Brisk in Guangdong Aluminum Market, SMM Says

Trading Turns Brisk in Guangdong Aluminum Market, SMM Says

Sep 7, 2017 15:07

Trading became active in Guangdong aluminum market today as sentiment improved after SHFE aluminum stopped falling.

SHANGHAI, Sept. 7 (SMM) – Trading became active in Guangdong aluminum market today as sentiment improved after SHFE aluminum stopped falling.

China Aluminum Stocks Keep Refreshing New Highs, SMM Says

Mainstream traded prices were 16,120-16,160 yuan/tonne in Guangdong, a premium of 50 yuan/tonne over Shanghai.

Chinese Aluminum Foil Makers See Export Orders Tumble before Looming US Result, SMM Reports

Both traders and downstream producers increased purchases.

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

SHFE aluminum prices

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

SHFE 1702 aluminum opened at RMB 12,635/mt and finally closed at RMB 12,790/mt.

Dec 27, 2016 17:37

SMM Comments

SHFE Aluminum Ends with Gains (2016-12-27)

LME Aluminum to See Range-Bound Trading Next Week, SMM Says

LME aluminum will trade in a narrower range next week, while SHFE 1610 aluminum will consolidate at highs, SMM predicts.

Aug 26, 2016 19:56

SMM Insight

Chalco Continues Raising Aluminum Prices in Major Markets on August 19

China Aluminum International Trading Co. (Chalco Trading) raised aluminum prices it offered in major markets further today, it said on its WeChat.

Aug 19, 2016 12:03

Reminder

SHFE Aluminum to Face Short Selling (2016-7-22)

SHFE 1609 aluminum will drop to RMB 12,200-12,370/mt as short momentum is growing.

Jul 22, 2016 09:37

SMM Comments

Heavy Rains Disrupt Production and Railway Transportation, SMM Reports

From late June, provinces, including Hubei, Anhui, Jiangsu, Jiangxi and Guangdong, are suffering from heavy rainfall. What’s impact from the rain on metals producers in those regions?

Jul 8, 2016 11:56

SMM Insight

LME Aluminum to Move Wildly (2016-7-1)

Manufacturing PMIs from major economies to be released today will leave LME aluminum moving in a wide range of USD 1,635-1,660/mt.

Jul 1, 2016 09:22

SMM Comments

SHFE Aluminum to Gather Strength on Softer Dollar (2016-3-30)

US Fed Chair Yellen’s cautious attitude toward rate hike path will soften the US dollar.

Mar 30, 2016 09:26

SMM Comments

SHFE Aluminum Falls Back as Longs Exit (2016-1-25)

SHFE 1603 aluminum opened at RMB 10,800/mt on Monday.

Jan 25, 2016 17:59

SMM Comments

SHFE Aluminum Ends at Intraday High on Long Buying (2016-1-22)

SHFE 1603 aluminum opened at RMB 10,695/mt on Friday.

Jan 22, 2016 17:11

SMM Comments

Chalco Raises Aluminum Prices This Week After Previous Cut

China Aluminum International Trading Co. (Chalco Trading) hiked aluminum prices this past week after price cuts in the previous week, it said on its WeChat.

Jan 22, 2016 11:04

Reminder

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Trading Turns Brisk in Guangdong Aluminum Market, SMM Says

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