Home / Metal News / East China Aluminum: Depressed Trading in Early July Weighs on Prices

East China Aluminum: Depressed Trading in Early July Weighs on Prices

iconJul 2, 2012 18:13
Source:SMM
Traded prices of spot aluminum in Shanghai were between RMB 15,540-15,570/mt Monday.

SHANGHAI, Jul. 2 (SMM) – Traded prices of spot aluminum in Shanghai were between RMB 15,540-15,570/mt Monday, and low-iron aluminum was traded between RMB 15,650-15,660/mt in Shanghai. SHFE aluminum prices fell after starting higher and failed to boost spot aluminum market. Downstream buying interest did not improve early in July, and traded prices in Shanghai were dragged down due to ample supply and sparse transactions.

spot aluminum
aluminum price

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news