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Spot Aluminum Price Movement in East China (2014-6-30)
Jun 30,2014 14:10
CSTprice review forecast
Source:SMM
Spot aluminum largely traded between RMB 13,320-13,330/mt in Shanghai on Monday, a discount of RMB 60-70/mt over SHFE 1407 aluminum contract.
SHANGHAI, Jun. 30 (SMM) - Spot aluminum largely traded between RMB 13,320-13,330/mt in Shanghai on Monday, a discount of RMB 60-70/mt over SHFE 1407 aluminum contract. Mainstream traded prices were RMB 13,330-13,340/mt in Wuxi, and RMB 13,340-13,360/mt in Hangzhou. Falling SHFE aluminum prices deterred cash-starved buyers from entering the market, pulling prices down.
Shanghai aluminum prices
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