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Spot Aluminum Price Movement in East China (2013-11-26)
Nov 26, 2013 13:04Source:SMM
Spot aluminum prices were RMB 14,320-14,330/mt in Shanghai on Tuesday, a premium of RMB 60-70/mt over SHFE 1312 aluminum contract.
SHANGHAI, Nov. 26 (SMM) – Spot aluminum prices were RMB 14,320-14,330/mt in Shanghai on Tuesday, a premium of RMB 60-70/mt over SHFE 1312 aluminum contract. Prices were RMB 14,310-14,330/mt in Wuxi, and RMB 14,310-14,320/mt in Hangzhou. Arrivals into east China grew, especially in Wuxi, sending prices down. Downstream producers continued to buy to need, and traders were also wary of purchasing.
Shanghai aluminum
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