Weiqiao Group to Hike Prebaked Anode Prices Sharply in October, SMM Expects

Published: Sep 29, 2017 10:57
Weiqiao Group’s intention to hike prebaked anode purchasing prices by 95 yuan/tonne for October delivery has met overwhelming objection from carbon plants.

SHANGHAI, Sept. 29 (SMM) – Weiqiao Group’s intention to hike prebaked anode purchasing prices by 95 yuan/tonne for October delivery has met overwhelming objection from carbon plants.

China Aluminum Stocks Fall After Continuous Growth, SMM Says

Most carbon plants demanded a 150 yuan/tonne hike, SMM learns.

New Aluminum Processing Projects Hit by Environmental Checks, SMM Says

So, the giant aluminum producer may have to eventually raise purchasing prices by 95-150 yuan/tonne, SMM expects.     

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