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Domestic producers accept Weiqiao's purchasing price of prebaked anode
Prices in Sept stand at 3,500 yuan/mt in cash and 3,535 yuan/mt on acceptance
SHANGHAI, Sep 3 (SMM) – Domestic producers accepted an upward adjustment of 220 yuan/mt in Weiqiao's purchasing price of prebaked anode as of Monday September 3.
This brought September's price to 3,500 yuan/mt in cash and 3,535 yuan/mt on acceptance.
The agreement followed after producers opposed Weiqiao's initial adjustment last week and demanded higher prices.
Market commentary
Prebaked anode
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