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Tags: Shanghai aluminum prices

SHANGHAI, Aug. 12 (SMM) – Spot aluminum largely traded at RMB 13,990-14,000/mt in Shanghai and Wuxi on Tuesday, a discount of RMB 30-40/mt over SHFE 1408 aluminum contract, versus RMB 14,010-14,020/mt in Hangzhou. SHFE 1408 aluminum contract fell after opening higher, causing some sellers to cut offers by RMB 10/mt. Trading was thin.

from metal.com