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Home / Metal News / Weiqiao lowers prebaked anode purchasing prices for Aug

Weiqiao lowers prebaked anode purchasing prices for Aug

iconJul 31, 2019 11:05
Source:SMM
This followed after it cut prices by the same amount for Jul

SHANGHAI, Jul 31 (SMM) – Shandong Weiqiao Group, one of the top aluminium producers in China, continued to lower the benchmark purchasing prices for prebaked anode by 50 yuan/mt for August, after it cut prices by the same amount for July. 

The decline brought the purchasing prices for August to 2,995 yuan/mt in cash.

The company raised prices for the first time this year by 100 yuan/mt for June.

Market commentary
Prebaked anode

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