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Spot Aluminum Price Movement in East China (2013-11-19)
Nov 19, 2013 13:06Source:SMM
Spot aluminum prices were RMB 14,340-14,350/mt in Shanghai on Tuesday, a premium of RMB 60-70/mt over SHFE 1312 aluminum contract.
SHANGHAI, Nov. 19 (SMM) – Spot aluminum prices were RMB 14,340-14,350/mt in Shanghai on Tuesday, a premium of RMB 60-70/mt over SHFE 1312 aluminum contract. Prices were RMB 14,350-14,360/mt and Wuxi, and RMB 14,330-14,340/mt in Hangzhou. Falling SHFE aluminum sent spot aluminum prices down. Traders stayed out of the market out of bearish sentiment, while downstream producers purchased only to need.
Shanghai aluminum
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