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  

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