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Spot Aluminum Price Movement in East China (2013-11-11)
Nov 11, 2013 13:23Source:SMM
Spot aluminum prices were RMB 14,420-14,430/mt in Shanghai on Monday, a premium of RMB 20-30/mt over SHFE 1311 aluminum contract.
SHANGHAI, Nov. 11 (SMM) – Spot aluminum prices were RMB 14,420-14,430/mt in Shanghai on Monday, a premium of RMB 20-30/mt over SHFE 1311 aluminum contract. Prices were RMB 14,420-14,430/mt and Wuxi, and RMB 14,400-14,410/mt in Hangzhou. Downstream producers in Shanghai held to the sidelines, little interested in buying. Suppliers in Wuxi held offers firm, but high quotes undermined buying interest.
Shanghai aluminum
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