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Spot Aluminum Price Movement in East China (2013-11-6)
Nov 6,2013 12:54CST
price review forecast
Source:SMM
SHFE 1311 aluminum contract dipped to RMB 14,390/mt after opening at RMB 14,400/mt on Wednesday.

SHANGHAI, Nov. 6 (SMM) – SHFE 1311 aluminum contract dipped to RMB 14,390/mt after opening at RMB 14,400/mt on Wednesday. Spot aluminum prices in Shanghai were RMB 14,410-14,420/mt, RMB 14,430-14,440/mt in Wuxi, and RMB 14,400-14,410/mt in Hangzhou. Cargo holders were actively selling, while downstream producers engaged in modest purchasing at the bottom.
 

Shanghai aluminum

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