Spot Aluminum Price Movement in East China (2013-10-28)-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Aluminium
  • Copper scrap
  • Primary lead
  • Customs data
  • Copper
  • Market commentary
  • Inventory data
  • Futures movement
  • price forecast
  • Nickel
  • MMi Iron Ore Port Index
  • Evening comments
  • Secondary lead
  • Zinc concentrate

Spot Aluminum Price Movement in East China (2013-10-28)

Price Review & Forecast 02:30:48PM Oct 28, 2013 Source:SMM

SHANGHAI, Oct. 28 (SMM) – Spot aluminum prices in Shanghai were RMB 14,490-14,500/mt on Monday, a premium of RMB 0-10/mt over SHFE 1311 aluminum contract. Prices in Wuxi edged higher to RMB 14,490-14,500/mt due to falling supply. Traded prices were RMB 14,480-14,490/mt in Hangzhou. Tightening liquidity at the month’s end deterred downstream producers and traders from buying.

 

Key Words:  Shanghai aluminum  

Price

more
#1 Lead
May.24
16300.0
100.0
(0.62%)
#1 Lead - Guangdong
May.24
16275.0
100.0
(0.62%)
#1 Lead - Henan
May.24
16275.0
100.0
(0.62%)
#1 Lead -Tianjin
May.24
16275.0
100.0
(0.62%)
#2 Lead
May.24
16300.0
100.0
(0.62%)

Spot Aluminum Price Movement in East China (2013-10-28)

Price Review & Forecast 02:30:48PM Oct 28, 2013 Source:SMM

SHANGHAI, Oct. 28 (SMM) – Spot aluminum prices in Shanghai were RMB 14,490-14,500/mt on Monday, a premium of RMB 0-10/mt over SHFE 1311 aluminum contract. Prices in Wuxi edged higher to RMB 14,490-14,500/mt due to falling supply. Traded prices were RMB 14,480-14,490/mt in Hangzhou. Tightening liquidity at the month’s end deterred downstream producers and traders from buying.

 

Key Words:  Shanghai aluminum