SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / East China Aluminum: Traders Rush to Sell as Liquidity Crunch Bits in, Pulling Prices Down

East China Aluminum: Traders Rush to Sell as Liquidity Crunch Bits in, Pulling Prices Down

iconJul 24, 2013 13:31
Mainstream traded prices for spot aluminum in Shanghai were RMB 14,360-14,370/mt on Wednesday, RMB 10-20/mt lower than SHFE 1308 aluminum contract prices.

SHANGHAI, Jul. 24 (SMM) – Mainstream traded prices for spot aluminum in Shanghai were RMB 14,360-14,370/mt on Wednesday, RMB 10-20/mt lower than SHFE 1308 aluminum contract prices. Low-iron aluminum was traded around RMB 14,530/mt. Flash China’s July manufacturing PMI continued to fall, sending SHFE aluminum down. Cargo holders rushed to sell as the end-of-month liquidity crunch bit in, but downstream producers and middlemen stayed out of the market, pulling spot aluminum prices down to RMB 14,360/mt. Prices in Hangzhou also slid below RMB 14,400/mt. 

 

Shanghai spot aluminum prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

SMM Events & Webinars

All
MOST POPULAR
1.NEV Magnet Wire Industry Opportunity Discovery
2.Copper Substitution Market Study-Consumer Durables
3.Copper Substitution Market Study-Construction
4.Copper Substitution Market Study-Power Distribution
5.Copper Substitution Market Study-Power Transmission
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.