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Home / Metal News / Spot Aluminum Price Movement in East China (2014-6-18)

Spot Aluminum Price Movement in East China (2014-6-18)

Jun 18, 2014 12:53

Spot aluminum largely traded between RMB 13,280-13,290/mt in Shanghai and Wuxi on Wednesday, a discount of RMB 90-100/mt over SHFE 1407 aluminum contract.

SHANGHAI, Jun. 18 (SMM) - Spot aluminum largely traded between RMB 13,280-13,290/mt in Shanghai and Wuxi on Wednesday, a discount of RMB 90-100/mt over SHFE 1407 aluminum contract. Mainstream traded prices were RMB 13,290-13,300/mt in Hangzhou. SHFE front-month contract has been moving sideways for several days, so wait-and-see sentiment among downstream producers faded, pushing the low-end price up.

Shanghai aluminum prices

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