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East China Aluminum: Transactions Improve Slightly
Apr 16,2012 13:31CST
smm insight
Source:SMM
Traded prices of spot aluminum in Shanghai were between RMB 15,920-15,950/mt on Monday.

SHANGHAI, Apr. 16 (SMM) – Traded prices of spot aluminum in Shanghai were between RMB 15,920-15,950/mt on Monday, with premiums of RMB 0-30/mt over the SHFE current-month aluminum price. Low-iron aluminum was traded between RMB 16,020-16,050/mt in Shanghai. Traded prices of spot aluminum in Wuxi were between RMB 15,930-15,960/mt. The SHFE current-month aluminum prices opened lower at RMB 15,920/mt on the last trading day for the contract. In domestic spot markets, some cargo holders were reluctant to sell goods at low prices, while most sellers were actively moving goods with prices close above SHFE aluminum prices, with transactions turning brisk at the level.

aluminum price
South China

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