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Spot Aluminum Price Movement in East China (2014-3-10)
Mar 10,2014 13:20
CSTprice review forecast
Source:SMM
Spot aluminum largely traded at RMB 12,730-12,740/mt in Shanghai on Monday, a discount of RMB 230-240/mt over SHFE 1403 aluminum contract prices.
SHANGHAI, Mar. 10 (SMM) – Spot aluminum largely traded at RMB 12,730-12,740/mt in Shanghai on Monday, a discount of RMB 230-240/mt over SHFE 1403 aluminum contract prices, RMB 12,720-12,730/mt in Wuxi, and RMB 12,740-12,750/mt in Hangzhou. Sellers held back goods against falling prices, while downstream producers stayed out of the market out of bearishness, leaving trading bleak.
Shanghai aluminum prices
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