Spot Aluminum Price Movement in East China (2014-4-29)

SHANGHAI, Apr. 29 (SMM) - Spot aluminum largely traded at RMB 13,360-13,400/mt in Shanghai, RMB 13,360-13,390/mt in Wuxi, and RMB 13,380-13,430/mt in Hangzhou on Tuesday. Cargo holders were eager to sell to avoid a pileup of goods through the upcoming holiday, but traders stayed out of the market. Some downstream producers went bargain hunting.