24.02.2016 - Chinese aluminum: Domestic offers track higher primary aluminum prices
Offers for Chinese domestic spot ADC12 aluminum alloy tracked higher primary aluminum prices, and trading was picking up slowly after the week-long Lunar New Year holiday but generally remained thin, sources said Tuesday. China officially restarted work on February 14 from the holiday but some plants remained shut till the 15th day of the Lunar New Year, which was on Monday and only resumed operations after that. Platts assessed its weekly China domestic ADC12 at Yuan 12,500-12,700/mt ($1,915-$1,946/mt) ex-works Tuesday, up from Yuan 12,400-12,700/mt the previous week...............................................Full Article: Source
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