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Spot Aluminum Price Movement in East China

Author:Site  Source:Network  Click to rate:1353  Post time:2014-02-17

Tags: Shanghai aluminum prices

SHANGHAI, Feb. 17 (SMM) – Spot aluminum largely traded at RMB 13,190-13,210/mt in Shanghai on Monday, RMB 13,180-13,190/mt in Wuxi, and RMB 13,190-13,210/mt in Hangzhou. Traders were active in the market, while downstream producers increased purchases slightly. However, spot aluminum prices were still below SHFE 1402 aluminum contract prices due to high inventories.

from metal.com

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