CHINA ALUMINA SNAPSHOT: Buyers withdraw from spot market amid volatile SHFE aluminium price

April 25, 2020 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing session in Shanghai on Thursday April 23.



Key drivers 

Aluminium producers stopped purchasing from the spot market, preferring to rely on long-term contracts after witnessing a sudden drop in the Shanghai Futures Exchange aluminium price on April 21. The SHFE front-month aluminium contract fell to 12,180 yuan ($1,721) per tonne...

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