Significant LME and SHFE price rises in 2017... For most of the year, the SHFE price performed better than the LME, but that...
On the back of the Chinese government’s clean-up of illegal capacity and its winter heating season production cuts in order to protect air quality, aluminium prices on both the LME and SHFE had significant increases in 2017. The LME aluminium price finished the year with a remarkable 30.8% increase while the SHFE aluminium price rose 18.5%, a less-strong but still decent gain.
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