19 AUGUST 2016Shanghai Metals Market
Chalco continues raising aluminium prices in major markets on Aug 19
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<p>China Aluminum International Trading Co. (Chalco Trading) raised aluminium prices it offered in major markets further today, it said on its WeChat. <br /><br />For details, please see the table below: <br /><br />Unit: yuan/tonne <br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/SMM%20Image.png" alt="News" width="449" height="155" /><br /><br />Note: Chalco Trading is a full subsidiary under Chalco responsible for alumina and aluminium sales. <br /><br />Aluminium stocks in China’s five major markets grew for the second consecutive week after continuous declines, SMM data showed. <br /><br />Large arrivals from northwest China and Shandong, and poor demand in the off-season led to higher inventories, SMM explained.</p>
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