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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.
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