UTC+8 ( BJT)

MYSTEEL: China Al prices fluctuate on less demand

ABSTRACT

Domestic aluminum prices across China fluctuated over the past week amid the gradual cooling of demand and buying from end-users ahead of the Chinese New Year (CNY) holiday over January 31-February 6, according to market sources on Wednesday.
As of January 26, China's national price of 99.7% primary aluminum ingot under Mysteel's assessment stood at Yuan 21,557/tonne ($3,410/t) including 13% VAT, lower by a tiny Yuan 41/t on week.   Also on Wednesday, the most-traded aluminum contract on the Shanghai Futures Exchange (SHFE) for March delivery closed the daytime trading

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