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Spot Aluminum Price Movement in East China (2014-3-17)
Mar 17,2014 12:40CST
price review forecast
Source:SMM
Spot aluminum largely traded at RMB 12,620-12,630/mt in Shanghai on Monday, a discount of RMB 210-220/mt over SHFE 1403 aluminum contract.

SHANGHAI, Mar. 17 (SMM) – Spot aluminum largely traded at RMB 12,620-12,630/mt in Shanghai on Monday, a discount of RMB 210-220/mt over SHFE 1403 aluminum contract, RMB 12,620-12,630/mt in Wuxi, and RMB 12,640-12,650/mt in Hangzhou. Delivery brand aluminum ingot gained favor since SHFE 1404 aluminum contract will switch to the new current-month aluminum contract tomorrow. Downstream producers continued to stand on the sidelines.

 


 

Shanghai aluminum prices

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