Spot Aluminum Price Movement in East China (2013-10-15)

Price Review & Forecast 01:13:09PM Oct 15, 2013 Source:SMM

SHANGHAI, Oct. 15 (SMM) – Mainstream traded prices for spot aluminum in Shanghai dropped RMB 100/mt to RMB 14,490-14,510/mt on Tuesday, a premium of RMB 20-40/mt over SHFE 1310 aluminum contracts. Prices were RMB 14,450-14,460/mt in Wuxi, and RMB 14,480-14,490/mt in Hangzhou. Prices for most aluminum ingot slid below RMB 14,500/mt, except for selected brand. Some went bargain hunting, but purchases were seen limited.
 

Key Words:  Shanghai aluminum  

Spot Aluminum Price Movement in East China (2013-10-15)

Price Review & Forecast 01:13:09PM Oct 15, 2013 Source:SMM

SHANGHAI, Oct. 15 (SMM) – Mainstream traded prices for spot aluminum in Shanghai dropped RMB 100/mt to RMB 14,490-14,510/mt on Tuesday, a premium of RMB 20-40/mt over SHFE 1310 aluminum contracts. Prices were RMB 14,450-14,460/mt in Wuxi, and RMB 14,480-14,490/mt in Hangzhou. Prices for most aluminum ingot slid below RMB 14,500/mt, except for selected brand. Some went bargain hunting, but purchases were seen limited.
 

Key Words:  Shanghai aluminum