Chinese aluminum premiums may move lower

Jun 26, 2009 | 01:06 PM |

China's spot aluminum premiums have fallen in the past month on lower import orders, and could drop further as many domestic smelters restart idled facilities.

Spot aluminum premiums are around $80 per tonne currently, down from a range of $90 to $120 per tonne a month ago, as a narrower spread between international and Chinese domestic prices make imports unprofitable.....

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