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Aluminum Prices in East China Continue Downward Trend; Trading Muted

Author:Site  Source:Original Site  Click to rate:991  Post time:2014-09-16

Tags: Shanghai aluminum prices

SHANGHAI, Sep. 16 (SMM) – Spot aluminum largely traded at RMB 14,310-14,330/mt in Shanghai on Tuesday, discounts of RMB 20-50/mt over SHFE 1409 aluminum contract, versus RMB 14,330-14,340/mt in Wuxi and RMB 14,340-14,350/mt in Hangzhou. The pullback in SHFE aluminum left sellers in spot market rushing to sell. But trading was muted.

from metal.com

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