Metals News
East China Aluminum: Prices Down Further as Bearishness Remains
smm insight
Apr 16,2013

SHANGHAI, Apr. 16 (SMM) – Spot aluminum was traded at RMB 14,390-14,420/mt in Shanghai on Tuesday, a discount of RMB 50-80/mt over SHFE 1305 aluminum contract. Low-iron aluminum was traded around RMB 14,570/mt. SHFE 1306 aluminum contract proved more resilient than other base metals, but spot aluminum market remained bearish. Eagerness to sell by some traders sent spot aluminum below RMB 14,400/mt, which attracted a small number of middlemen to go bargain-hunting. Prices of brand deliverable aluminum ingot were firm above RMB 14,400/mt. Downstream producers purchased to need, depressing overall trading.

latest Shanghai spot aluminum prices
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data