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Tags: Shanghai aluminum prices

SHANGHAI, Mar. 17 (SMM) – Spot aluminum largely traded at RMB 12,620-12,630/mt in Shanghai on Monday, a discount of RMB 210-220/mt over SHFE 1403 aluminum contract, RMB 12,620-12,630/mt in Wuxi, and RMB 12,640-12,650/mt in Hangzhou. Delivery brand aluminum ingot gained favor since SHFE 1404 aluminum contract will switch to the new current-month aluminum contract tomorrow. Downstream producers continued to stand on the sidelines.

from metal.com