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Spot Aluminum Price Movement in East China (2014-3-28)
Mar 28,2014 15:30
CSTprice review forecast
Source:SMM
Spot aluminum largely traded at RMB 12,500-12,520/mt in Shanghai on Friday, RMB 12,500-12,530/mt in Wuxi, and RMB 12,490-12,510/mt in Hangzhou.
SHANGHAI, Mar. 28 (SMM) – Spot aluminum largely traded at RMB 12,500-12,520/mt in Shanghai on Friday, RMB 12,500-12,530/mt in Wuxi, and RMB 12,490-12,510/mt in Hangzhou. SHFE 1404 aluminum contract recorded a five-day winning streak, enabling sellers in spot markets to hike offers. Buyers stepped up purchases ahead of the weekend, pushing prices up further.
Shanghai aluminum prices
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