Prices of prebaked anode enter 4th month of decline-Shanghai Metals Market

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Prices of prebaked anode enter 4th month of decline

Price Review & Forecast 04:55:25PM Apr 02, 2018 Source:SMM

SHANGHAI, Apr 2 (SMM) – Prices of prebaked anode declined for a fourth consecutive month after Weiqiao Group lowered its purchasing price to 3,590 yuan/mt delivered for April, SMM learned.

Following Weiqiao's move, other aluminium enterprises slashed prices by some 300 yuan/mt. Prices are expected to be cut by another 200 yuan/mt in May.

Based on current prices of raw materials, prices of prebaked anode are likely to fall below average costs in May.

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn

Key Words:  prebaked anode   prices 

Prices of prebaked anode enter 4th month of decline

Price Review & Forecast 04:55:25PM Apr 02, 2018 Source:SMM

SHANGHAI, Apr 2 (SMM) – Prices of prebaked anode declined for a fourth consecutive month after Weiqiao Group lowered its purchasing price to 3,590 yuan/mt delivered for April, SMM learned.

Following Weiqiao's move, other aluminium enterprises slashed prices by some 300 yuan/mt. Prices are expected to be cut by another 200 yuan/mt in May.

Based on current prices of raw materials, prices of prebaked anode are likely to fall below average costs in May.

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn

Key Words:  prebaked anode   prices