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

Published: Sep 27, 2017 11:05

Save

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.

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

aluminum prices SHFE aluminum prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

12 mins ago

Danantara Begins $5.8B Aluminum Smelter Project in West Kalimantan

[SMM Aluminum Express News] Danantara officially began construction on a major aluminum smelter and alumina refinery (SGAR) in Mempawah, West Kalimantan, on February 6, 2026. The total investment is Rp 87.7 trillion. The project, managed by Inalum and Antam, will have a 1-million-ton annual capacity.

12 mins ago

17 hours ago

2026 Arrangements for Secondary Aluminum Alloy Enterprises During Chinese New Year Break [SMM Analysis]

[SMM Analysis]2026 Arrangements for Secondary Aluminum Alloy Enterprises During Chinese New Year Break [SMM Analysis]

17 hours ago

18 hours ago

Costs Drag Down Supply-Demand Pressure, Aluminum Auxiliary Material Prices Under Pressure and Weaken [SMM Analysis]

18 hours ago