East China Aluminum: Demand Picks Up as Weekend Nears-Shanghai Metals Market

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East China Aluminum: Demand Picks Up as Weekend Nears

Price Review & Forecast 02:16:02PM Oct 18, 2013 Source:SMM

SHANGHAI, Oct. 18 (SMM) – Mainstream traded prices for spot aluminum in Shanghai were RMB 14,460-14,480/mt on Friday, beating other regions in east China due to tighter supply. Prices in Wuxi were RMB 14,430-14,440/mt early in the day, but then followed Shanghai up to RMB 14,460/mt. Prices held at RMB 14,430-14,440/mt in Hangzhou. Demand picked up as downstream producers restocked for the upcoming weekend.

 

Key Words:  Shanghai aluminum  

Price

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#1 Refined Cu
May.24
47010.0
210.0
(0.45%)
Standard-Grade Copper
May.24
46990.0
215.0
(0.46%)
High-Grade Copper
May.24
47030.0
210.0
(0.45%)
Guixi copper
May.24
47040.0
210.0
(0.45%)
Low-quality copper
May.24
46920.0
220.0
(0.47%)

East China Aluminum: Demand Picks Up as Weekend Nears

Price Review & Forecast 02:16:02PM Oct 18, 2013 Source:SMM

SHANGHAI, Oct. 18 (SMM) – Mainstream traded prices for spot aluminum in Shanghai were RMB 14,460-14,480/mt on Friday, beating other regions in east China due to tighter supply. Prices in Wuxi were RMB 14,430-14,440/mt early in the day, but then followed Shanghai up to RMB 14,460/mt. Prices held at RMB 14,430-14,440/mt in Hangzhou. Demand picked up as downstream producers restocked for the upcoming weekend.

 

Key Words:  Shanghai aluminum