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East China Aluminum: Depressed Trading in Early July Weighs on Prices
Jul 2,2012 18:13CST
smm insight
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.

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