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Spot Aluminum Price Movement in East China (2014-4-24)

iconApr 24, 2014 12:28
Source:SMM
Spot aluminum largely traded at RMB 13,350-13,400/mt in Shanghai, RMB 13,360-13,420/mt in Wuxi, and RMB 13,370-13,430/mt in Hangzhou on Thursday.

SHANGHAI, Apr. 24 (SMM) - Spot aluminum largely traded at RMB 13,350-13,400/mt in Shanghai, RMB 13,360-13,420/mt in Wuxi, and RMB 13,370-13,430/mt in Hangzhou on Thursday. SHFE 1405 aluminum contract gained around RMB 250/mt, encouraging sellers in physical markets to raise offers sharply as well. Rising prices fuelled buying interest of traders.  

 

 

Shanghai aluminum prices

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