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Spot Aluminum Price Movement in East China

Author:Site  Source:Original Site  Click to rate:961  Post time:2014-07-15

Tags: Shanghai aluminum prices

SHANGHAI, Jul. 15 (SMM) - Spot aluminum largely traded between RMB 13,460-13,470/mt in Shanghai on Tuesday, a discount of RMB 40-50/mt over SHFE 1407 aluminum contract. Mainstream traded prices were RMB 13,470-13,480/mt in Wuxi and RMB 13,480-13,500/mt in Hangzhou. Buyers stayed out of the market out of bearishness, pulling prices down slightly. 

from metal.com

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