SHANGHAI, Oct. 26 (SMM) -- Traded prices of spot aluminum in Shanghai were between RMB 16,400-16,440/mt on October 26th, with premiums of RMB 20-50/mt over the SHFE current-month aluminum price. Low-iron aluminum was traded between RMB 16,450-16,470/mt in Shanghai. Traded prices of spot aluminum in Wuxi were between RMB 16,380-16,420/mt. The SHFE current-month aluminum price opened lower and narrowly fluctuated below RMB 16,400/mt. Though SHFE copper prices have been climbing during recent two days, aluminum prices are continuously falling. Spot aluminum supply remained excessive, its premiums over the SHFE current-month aluminum price, however, slightly widened as goods holders stuck to the RMB 16,400/mt mark.