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Spot Aluminum Price Movement in East China (2014-6-25)
Jun 25, 2014 12:43Spot aluminum largely traded between RMB 13,300-13,310/mt in Shanghai and Wuxi on Wednesday, a discount of RMB 80-90/mt over SHFE 1407 aluminum contract.
SHANGHAI, Jun. 25 (SMM) - Spot aluminum largely traded between RMB 13,300-13,310/mt in Shanghai and Wuxi on Wednesday, a discount of RMB 80-90/mt over SHFE 1407 aluminum contract. Mainstream traded prices were RMB 13,330-13,340/mt in Hangzhou. Some sellers were anxious to sell as the month-end liquidity crunch is biting in, but buyers showed little interest, bringing prices down.
Shanghai aluminum prices
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