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Spot Aluminum Price Movement in East China (2014-6-17)
Jun 17,2014 13:10
CSTprice review forecast
Source:SMM
Spot aluminum largely traded between RMB 13,270-13,290/mt in Shanghai on Tuesday, a discount of RMB 100-120/mt over SHFE 1407 aluminum contract.
SHANGHAI, Jun. 17 (SMM) - Spot aluminum largely traded between RMB 13,270-13,290/mt in Shanghai on Tuesday, a discount of RMB 100-120/mt over SHFE 1407 aluminum contract. Mainstream traded prices were RMB 13,280-13,290/mt Wuxi and RMB 13,290-13,300/mt in Hangzhou. Downstream producers entered the market out of bullishness, sending prices up.
Shanghai aluminum prices
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