Spot Aluminum Price Movement in East China (2013-10-23)-Shanghai Metals Market

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Spot Aluminum Price Movement in East China (2013-10-23)

Price Review & Forecast 03:36:47PM Oct 23, 2013 Source:SMM

SHANGHAI, Oct. 23 (SMM) – SHFE 1311 aluminum contract hovered near RMB 14,510/mt in the morning session after opening at RMB 14,500/mt on Wednesday. Spot aluminum in east China followed SHFE 1311 aluminum contract up RMB 50/mt. Prices were RMB 14,520-14,530/mt in Shanghai, RMB 14,510-14,520/mt in Wuxi, and RMB 14,500-14,510/mt in Hangzhou. Cargo holders were actively selling at highs, but higher offers watered down buying interest.  
 

Key Words:  Shanghai aluminum  

Price

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1# Zinc
May.20
21200.0
-180.0
(-0.84%)
0# Zinc
May.20
21270.0
-180.0
(-0.84%)
T/C for domestic zinc concentrate
May.01
6350.0
0.0
(0.00%)
T/C for imported zinc concentrate
May.01
240.0
0.0
(0.00%)
Zinc Alloy (Zamak3/ZX01)
May.20
22170.0
-180.0
(-0.81%)

Spot Aluminum Price Movement in East China (2013-10-23)

Price Review & Forecast 03:36:47PM Oct 23, 2013 Source:SMM

SHANGHAI, Oct. 23 (SMM) – SHFE 1311 aluminum contract hovered near RMB 14,510/mt in the morning session after opening at RMB 14,500/mt on Wednesday. Spot aluminum in east China followed SHFE 1311 aluminum contract up RMB 50/mt. Prices were RMB 14,520-14,530/mt in Shanghai, RMB 14,510-14,520/mt in Wuxi, and RMB 14,500-14,510/mt in Hangzhou. Cargo holders were actively selling at highs, but higher offers watered down buying interest.  
 

Key Words:  Shanghai aluminum