Home / Metal News / East China Aluminum: Spot Drops with Futures, Deals Moderate

East China Aluminum: Spot Drops with Futures, Deals Moderate

iconDec 5, 2011 13:41
Source:SMM
Traded prices of spot aluminum in Shanghai were between RMB 16,250-16,280/mt on Monday.

SHANGHAI, Dec. 5 (SMM) – Traded prices of spot aluminum in Shanghai were between RMB 16,250-16,280/mt on Monday, with premiums of RMB 20-50/mt over the SHFE current-month aluminum price. Traded prices of spot aluminum in Wuxi were between RMB 16,250-16,280/mt. Spot quotations slipped with the SHFE current-month aluminum price. Traders’ selling interest was high while the downstream buying interest was low due to sluggish consumption. Transactions were moderate as a result.

East China
Aluminum prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All