Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Aug. 10 (SMM) – Spot aluminum was mainly traded at RMB 15,430-15,450/mt in Shanghai on August 10, with discounts at RMB 30-50/mt and low-iron aluminum traded at near RMB 15,510/mt. SHFE aluminum prices dropped, dampening confidence in spot aluminum markets. Cargo holders were eager to move goods, but downstream buying interest was low before the weekend. Some traders lowered quotations due to a small amount of low-priced imported aluminum at RMB 15,400/mt. Traded prices in Wuxi and Hangzhou fell to RMB 15,420/mt. Overall trading was light.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn