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

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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  

Price

more
1# Silver ingots(99.99%)
May.24
3509.0
18.0
(0.52%)
2# Silver ingots(99.95%)
May.24
3494.0
18.0
(0.52%)
3# Silver ingots(99.90%)
May.24
3479.0
18.0
(0.52%)
Gold(99.99%)
May.24
288.8
2.3
(0.79%)
Gold(99.95%)
May.24
288.5
2.0
(0.70%)

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