Spot Aluminum Price Movement in East China (2013-10-17)-Shanghai Metals Market

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Spot Aluminum Price Movement in East China (2013-10-17)

Price Review & Forecast 01:55:04PM Oct 17, 2013 Source:SMM

SHANGHAI, Oct. 17 (SMM) – Mainstream traded prices for spot aluminum in Shanghai were RMB 14,430-14,440/mt on Thursday, a premium of RMB 10-20/mt over SHFE 1311 aluminum contracts. Prices were RMB 14,410-14,430/mt in Wuxi, and RMB 14,420-14,440/mt in Hangzhou. Traders preferred to source aluminum ingot from Wuxi where prices were the lowest in east China. Downstream producers, however, were modestly interested in buying.

 

Key Words:  Shanghai aluminum  

Price

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#1 Refined Cu
May.27
47100.0
90.0
(0.19%)
Aluminum Ingot
May.27
14350.0
120.0
(0.84%)
#1 Lead
May.27
16300.0
0.0
(0.00%)
0# Zinc
May.27
20700.0
100.0
(0.49%)
#1 Tin Ingot
May.27
144250.0
750.0
(0.52%)

Spot Aluminum Price Movement in East China (2013-10-17)

Price Review & Forecast 01:55:04PM Oct 17, 2013 Source:SMM

SHANGHAI, Oct. 17 (SMM) – Mainstream traded prices for spot aluminum in Shanghai were RMB 14,430-14,440/mt on Thursday, a premium of RMB 10-20/mt over SHFE 1311 aluminum contracts. Prices were RMB 14,410-14,430/mt in Wuxi, and RMB 14,420-14,440/mt in Hangzhou. Traders preferred to source aluminum ingot from Wuxi where prices were the lowest in east China. Downstream producers, however, were modestly interested in buying.

 

Key Words:  Shanghai aluminum