Aluminum Prices in East China Continue Downward Trend; Trading MutedAuthor: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