Downstream being Bearish at Price, Offer of Secondary Aluminium Keeps Lowering

Published: Nov 28, 2017 15:52
With slump of aluminium price today and increasing bearish emotion, downstream are more bearish at secondary aluminium price.

SHANGHAI, Nov.28 (SMM)-With slump of aluminium price today and increasing bearish emotion, downstream are more bearish at secondary aluminium price. Some of them keeps waiting and seeing with poor transaction in the market. Domestic major secondary aluminium enterprises offer 100 yuan per ton lower than previous times.


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

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
Downstream being Bearish at Price, Offer of Secondary Aluminium Keeps Lowering - Shanghai Metals Market (SMM)