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Home / Metal News / East China Aluminum: Strong Sales Interest, but No Transactions (2013-2-6)

East China Aluminum: Strong Sales Interest, but No Transactions (2013-2-6)

iconFeb 6, 2013 16:46
Source:SMM
Trading will remain tepid during the last two trading days before the Chinese New Year holiday.

SHANGHAI, Feb. 6 (SMM) - On Tuesday, traded prices in the Shanghai spot aluminum market were between RMB 14,860-14,880/mt, and spot discounts were in the RMB 90-70/mt range. Spot aluminum prices were refrained as SHFE aluminum market was continuing to struggle at the existing price range. Traders were eager to move goods before the holiday, but no transactions were reported. Trading will remain tepid during the last two trading days before the Chinese New Year holiday.

 

Shanghai spot aluminum market
SHFE aluminum market

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