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East China Aluminum: Decline in Aluminum Pares
Jun 21,2012 14:51CST
smm insight
Source:SMM
Traded prices of spot aluminum in Shanghai were between RMB 15,710-15,730/mt Thursday.

SHANGHAI, Jun. 21 (SMM) – Traded prices of spot aluminum in Shanghai were between RMB 15,710-15,730/mt Thursday, and low-iron aluminum was traded between RMB 15,800-15,820/mt in Shanghai. SHFE aluminum prices tested RMB 15,700/mt and were more resilient to declines compared with other metals. Therefore, spot aluminum prices tended to stabilize near RMB 15,700/mt. Sellers and buyers exited market ahead of the Chinese Dragon Boat Festival holiday, but some enterprises downstream still purchased moderately, leading to stable transactions.

spot aluminum
aluminum price
SHFE aluminum

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