SHANGHAI, Jul. 22 (SMM) – Aluminum prices were mainly between RMB 12,180-12,190/mt in Shanghai on Wednesday, discounts of RMB 120-140/mt over August aluminum on the SHFE, versus RMB 12,180-12,190/mt in Wuxi and RMB 12,190-12,220/mt in Hangzhou. SHFE 1508 aluminum contract continued falling, triggering bearishness in spot market. Sellers rushed to sell, while processors bought only to need.
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