Home / Metal News / Aluminium / East China Aluminum: Markets Quiet on Mid-Year Liquidity Crunch
East China Aluminum: Markets Quiet on Mid-Year Liquidity Crunch
Jun 28,2013 14:39CST
price review forecast
Source:SMM
Mainstream traded prices for spot aluminum in Shanghai were RMB 14,370-14,390/mt on Friday, RMB 10-30/mt higher than SHFE 1307 aluminum contract prices.

SHANGHAI, Jun. 28 (SMM) – Mainstream traded prices for spot aluminum in Shanghai were RMB 14,370-14,390/mt on Friday, RMB 10-30/mt higher than SHFE 1307 aluminum contract prices. Low-iron aluminum was traded around RMB 14,530/mt. Spot aluminum market was quiet due to liquidity crunch at the end of mid-year mark. Traders were reluctant to sell at lows, leaving prices stagnant at RMB 14,380/mt.
 

Shanghai spot aluminum prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn