Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Mar. 27 (SMM) – Spot aluminum was mainly traded at RMB 14,500-14,520/mt in Shanghai on Wednesday, a discount of RMB 60-80/mt over SHFE 1304 aluminum contract prices. Low-iron aluminum was traded around RMB 14,700/mt. Traders were anxious to sell due to falling SHFE aluminum and tight cash flows at the quarter’s end, dragging spot aluminum down to RMB 14,500/mt. Downstream producers and middlemen evinced little buying interest, depressing overall trading.
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