Spot Aluminum Price Movement in East China (2013-10-30)-Shanghai Metals Market

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Spot Aluminum Price Movement in East China (2013-10-30)

Price Review & Forecast 02:15:51PM Oct 30, 2013 Source:SMM

SHANGHAI, Oct. 30 (SMM) – Spot aluminum prices in Shanghai and Wuxi were RMB 14,490-14,500/mt on Wednesday, a backwardation of RMB 10-20/mt over SHFE 1311 aluminum contract. Prices in Hangzhou were lower at RMB 14,470-14,480/mt. Cargo holders sold aggressively, but consumption was sluggish. 
 

Key Words:  Shanghai aluminum  

Price

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Aluminum Ingot
May.24
14230.0
70.0
(0.49%)
Aluminum Ingot - Fo Shan
May.24
14320.0
70.0
(0.49%)
Aluminum Ingot - Wu Xi
May.24
14230.0
75.0
(0.53%)
Aluminum Ingot - Hang Zhou
May.24
14260.0
70.0
(0.49%)
Aluminum Ingot - Chong Qing
May.24
14260.0
70.0
(0.49%)

Spot Aluminum Price Movement in East China (2013-10-30)

Price Review & Forecast 02:15:51PM Oct 30, 2013 Source:SMM

SHANGHAI, Oct. 30 (SMM) – Spot aluminum prices in Shanghai and Wuxi were RMB 14,490-14,500/mt on Wednesday, a backwardation of RMB 10-20/mt over SHFE 1311 aluminum contract. Prices in Hangzhou were lower at RMB 14,470-14,480/mt. Cargo holders sold aggressively, but consumption was sluggish. 
 

Key Words:  Shanghai aluminum