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Spot Aluminum Price Movement in East China (2013-11-28)
Nov 28, 2013 13:15Source:SMM
Spot aluminum prices drifted lower to RMB 14,270-14,280/mt in Shanghai on Thursday, a premium of RMB 50-60/mt over SHFE 1312 aluminum contracts.
SHANGHAI, Nov. 28 (SMM) – Spot aluminum prices drifted lower to RMB 14,270-14,280/mt in Shanghai on Thursday, a premium of RMB 50-60/mt over SHFE 1312 aluminum contracts. Prices were RMB 14,260-14,270/mt in Wuxi and Hangzhou. Falling aluminum prices enticed some traders and downstream producers to jump in, improving overall trading.
Shanghai aluminum
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