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Aluminum Demand in East China Picks Up Slightly Before 3-Day Holiday

Author:Site  Source:Network  Click to rate:971  Post time:2014-09-05

Tags: Shanghai aluminum prices

SHANGHAI, Sep. 5 (SMM) – Spot aluminum largely traded at RMB 14,890-14,900/mt in Shanghai on Friday, a premium of RMB 0-10/mt over SHFE 1409 aluminum contract, versus RMB 14,930-14,940/mt in Wuxi and RMB 14,900-14,910/mt in Hangzhou. Sellers rushed to sell to avoid a large pile of goods through the three-day holiday, but demand picked up only slightly.

from metal.com

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