Spot Aluminum Price Movement in East China (2013-10-21)

Price Review & Forecast 01:04:23PM Oct 21, 2013 Source:SMM

SHANGHAI, Oct. 21 (SMM) – Mainstream traded prices for spot aluminum in Shanghai were RMB 14,460-14,480/mt on Monday. Prices were RMB 14,430-14,450/mt in Wuxi, and RMB 14,440-14,460/mt in Hangzhou. Supply was tight in Shanghai, lending support to prices there. However, ample supply and slack demand forced cargo holders in Wuxi to sell at discounts.
 

Key Words:  Shanghai aluminum  

Spot Aluminum Price Movement in East China (2013-10-21)

Price Review & Forecast 01:04:23PM Oct 21, 2013 Source:SMM

SHANGHAI, Oct. 21 (SMM) – Mainstream traded prices for spot aluminum in Shanghai were RMB 14,460-14,480/mt on Monday. Prices were RMB 14,430-14,450/mt in Wuxi, and RMB 14,440-14,460/mt in Hangzhou. Supply was tight in Shanghai, lending support to prices there. However, ample supply and slack demand forced cargo holders in Wuxi to sell at discounts.
 

Key Words:  Shanghai aluminum