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Spot Aluminum Price Movement in East China (2014-7-4)
Jul 4,2014 12:36
CSTprice review forecast
Source:SMM
Spot aluminum largely traded between RMB 13,460-13,470/mt in Shanghai and Wuxi on Friday, a discount of RMB 70-80/mt over SHFE 1407 aluminum contract, versus RMB 13,470-13,480/mt in Hangzhou.
SHANGHAI, Jul. 4 (SMM) - Spot aluminum largely traded between RMB 13,460-13,470/mt in Shanghai and Wuxi on Friday, a discount of RMB 70-80/mt over SHFE 1407 aluminum contract, versus RMB 13,470-13,480/mt in Hangzhou. Downstream producers entered the market ahead of the weekend, but they largely went bargain hunting.
Shanghai aluminum prices
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