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Spot Aluminum Price Movement in East China

Author:Site  Source:Original Site  Click to rate:1167  Post time:2014-05-29

Tags: Shanghai aluminum prices

SHANGHAI, May 29 (SMM) - Spot aluminum largely traded between RMB 13,260-13,270/mt in Shanghai on Thursday, a discount of RMB 70-80/mt over SHFE 1406 aluminum contract. Mainstream traded prices were RMB 13,230-13,250/mt Wuxi and 13,300-13,310/mt in Hangzhou. Sellers were eager to sell, buy buyers showed low buying interest, sending prices down.

from metal.com

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