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Trading in East China Aluminum Market at Virtual Standstill

Author:Site  Source:Original Site  Click to rate:1063  Post time:2015-02-09

Tags: Shanghai aluminum prices

SHANGHAI, Feb. 9 (SMM) – Spot aluminum largely traded between RMB 13,040-13,070/mt in Shanghai on Monday, discounts of RMB 100-120/mt over SHFE 1502 aluminum contract, versus RMB 13,030-13,040/mt in Wuxi and RMB 13,050-13,060/mt in Hangzhou. Trading was thin as most processors have completed stocking for the Chinese New Year holiday.

from metal.com

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