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

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...

Published

Hui Li

April 24, 2020

13:51 GMT

Shanghai