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Aluminum Prices in East China Inch Down

Author:Site  Source:Original Site  Click to rate:984  Post time:2014-11-10

Tags: Shanghai aluminum prices

SHANGHAI, Nov. 10 (SMM) – Spot aluminum largely traded at RMB 13,690-13,720/mt in Shanghai on Monday, discounts of RMB 20-40/mt over SHFE 1411 aluminum contract, versus RMB 13,680-13,720/mt in Wuxi and RMB 13,740-13,750/mt in Hangzhou. Traders in Hangzhou held back goods at lows, allowing prices there to outperform other two regions.

from metal.com

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