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East China Aluminum: Selling Interest Improves, But Buyers Remain Cautious
Apr 19,2012 13:36CST
smm insight
Source:SMM
Traded prices of spot aluminum in Shanghai were between RMB 15,970-16,000/mt on Thursday.

SHANGHAI, Apr. 19 (SMM) – Traded prices of spot aluminum in Shanghai were between RMB 15,970-16,000/mt on Thursday, with discount of RMB 0-20/mt over the SHFE current-month aluminum price. Low-iron aluminum was traded between RMB 16,050-16,090/mt in Shanghai. Traded prices of spot aluminum in Wuxi were between RMB 15,990-16,010/mt. The SHFE current-month aluminum price opened higher but failed to rise above RMB 16,000/mt. Cargo holders in spot markets were actively moving goods with prices increasing slightly, but consumption did not improve, leaving trading still limited.

aluminum price
East China

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