Aluminum Processors in East China Busy Stocking before Upcoming Week-Long Holiday, SMM Says

Sep 27, 2017 11:05

Aluminum processors in east China are in a rush to make purchases on Wednesday morning for upcoming 2017 Chinese National Day holiday (Oct. 1-7) now that aluminum prices have fallen back.

SHANGHAI, Sept. 27 (SMM) – Aluminum processors in east China are in a rush to make purchases on Wednesday morning for upcoming 2017 Chinese National Day holiday (Oct. 1-7) now that aluminum prices have fallen back.

This allowed spot discounts to narrow 30 yuan/tonne from yesterday to 180-200 yuan/tonne over SHFE 1710 aluminum.

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Aluminum Processors in East China Busy Stocking before Upcoming Week-Long Holiday, SMM Says

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