Spot Aluminum Price Movement in East China (2014-6-17)_SMM

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Home / Metal News / Aluminium / Spot Aluminum Price Movement in East China (2014-6-17)

Spot Aluminum Price Movement in East China (2014-6-17)

Jun 17,2014 13:10

CST

SMM Comments

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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Sellers in east China spot aluminum market rushed to sell on Friday, limiting the upside room of prices.

Sep 25, 2015 13:20 timezone

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SMM Comments

Spot Discounts Narrow Further in East China Aluminum Market on Pre-holiday Stocking (Sept. 24, 2015)

Downstream buyers in east China spot aluminum market continued stockpiling goods for upcoming week-long holiday.

Sep 24, 2015 12:25 timezone

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SMM Comments

SMM Aluminum Market Daily Review (2015-9-18)

SHFE 1511 aluminum briefly dipped to RMB 11,930/mt after opening at RMB 11,975/mt on Friday.

Sep 21, 2015 09:02 timezone

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SMM Comments

East China Aluminum Prices Rise as Demand Picks up (Sept. 18, 2015)

Trading was brisk in east China spot aluminum market on Friday, driving prices up.

Sep 18, 2015 16:56 timezone

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SMM Comments

SMM Aluminum Market Daily Review (2015-9-16)

SHFE 1511 aluminum dipped to RMB 11,875/mt after opening at RMB 11,930/mt on Wednesday.

Sep 17, 2015 09:04 timezone

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SMM Comments

Spot Discounts Widen in East China Aluminum Market after Delivery Date (Sept. 16, 2015)

Market sentiment was a little bit bearish in east China spot aluminum market on Wednesday.

Sep 16, 2015 13:45 timezone

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SMM Comments

SMM Aluminum Market Daily Review (2015-9-10)

SHFE 1511 aluminum opened at RMB 12,025/mt on Thursday.

Sep 11, 2015 08:58 timezone

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SMM Comments

SMM Aluminum Market Daily Review (2015-9-9)

SHFE 1511 aluminum opened at RMB 12,015/mt on Wednesday.

Sep 10, 2015 08:53 timezone

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SMM Comments

SMM Aluminum Market Daily Review (2015-9-8)

SHFE 1511 aluminum moved around the 5-day and 10-day moving averages after opening at RMB 11,885/mt on Tuesday.

Sep 9, 2015 09:45 timezone

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SMM Comments

East China Aluminum Prices Rise, Spot Discounts Shrink (Mar. 30, 2015)

Spot aluminum largely traded between RMB 13,150-13,160/mt in Shanghai on Monday, discounts of RMB 180-190/mt over SHFE 1504 aluminum contract.

Mar 30, 2015 13:51 timezone

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SMM Comments

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