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

iconOct 28, 2013 14:30
Source: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.

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.

 

Shanghai aluminum

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