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Spot Aluminum Price Movement in East China (2014-3-14)
Mar 14,2014 12:45
CSTprice review forecast
Source:SMM
Spot aluminum largely traded at RMB 12,640-12,650/mt in Shanghai and Wuxi on Friday, and RMB 12,660-12,670/mt in Hangzhou.
SHANGHAI, Mar. 14 (SMM) – Spot aluminum largely traded at RMB 12,640-12,650/mt in Shanghai and Wuxi on Friday, and RMB 12,660-12,670/mt in Hangzhou. Some traders stepped up purchases now that SHFE 1403 aluminum contract is RMB 100/mt lower than SHFE 1404 aluminum contract. Downstream producers, however, still bought to need out of pessimism.
Shanghai aluminum prices
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