Chalco shares jump 6% on soaring aluminium prices-Shanghai Metals Market

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Chalco shares jump 6% on soaring aluminium prices

Price Review & Forecast 11:19:21AM Apr 19, 2018 Source:SMM

SHANGHAI, Apr 19 (SMM) – The stock prices of Aluminum Corporation of China (Chalco) jumped 6% to hit a high of 4.96 yuan per share on the morning of Thursday April 19. This marked the highest level in the past month. 

As global aluminium prices rose on US sanctions against Rusal and the subsequent force majeures, Rio Tinto has suggested its 2018 aluminium output would be lower.

 


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

Price

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Aluminum Ingot
Oct.17
13960.0
80.0
(0.58%)
Aluminum Ingot - Fo Shan
Oct.17
13930.0
90.0
(0.65%)
Aluminum Ingot - Wu Xi
Oct.17
13980.0
90.0
(0.65%)
Aluminum Ingot - Hang Zhou
Oct.17
13985.0
80.0
(0.58%)
Aluminum Ingot - Chong Qing
Oct.17
13920.0
80.0
(0.58%)

Chalco shares jump 6% on soaring aluminium prices

Price Review & Forecast 11:19:21AM Apr 19, 2018 Source:SMM

SHANGHAI, Apr 19 (SMM) – The stock prices of Aluminum Corporation of China (Chalco) jumped 6% to hit a high of 4.96 yuan per share on the morning of Thursday April 19. This marked the highest level in the past month. 

As global aluminium prices rose on US sanctions against Rusal and the subsequent force majeures, Rio Tinto has suggested its 2018 aluminium output would be lower.

 


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