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Spot Aluminum Price Movement in East China (2013-10-14)
Oct 14, 2013 13:29Source:SMM
Mainstream traded prices for spot aluminum in Shanghai were RMB 14,600-14,610/mt on Monday, a premium of RMB 0-10/mt over SHFE 1310 aluminum contracts.
SHANGHAI, Oct. 14 (SMM) – Mainstream traded prices for spot aluminum in Shanghai were RMB 14,600-14,610/mt on Monday, a premium of RMB 0-10/mt over SHFE 1310 aluminum contracts. Aggressive sales by Inner Mongolia Datang Renewable Resources and Henan Shenhuo Group sent prices in Wuxi down to RMB 14,600-14,610/mt in Wuxi, flat with Shanghai. Prices were RMB 14,610-14,620/mt in Hangzhou. High prices deterred downstream producers from buying.
Shanghai aluminum
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