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Spot Aluminum Price Movement in East China (2014-7-10)
Jul 10,2014 13:11CST
price review forecast
Source:SMM
Spot aluminum largely traded between RMB 13,400-13,410/mt in Shanghai and Wuxi on Thursday, a discount of RMB 90-100/mt over SHFE 1407 aluminum contract, versus RMB 13,410-13,420/mt in Hangzhou.

SHANGHAI, Jul. 10 (SMM) - Spot aluminum largely traded between RMB 13,400-13,410/mt in Shanghai and Wuxi on Thursday, a discount of RMB 90-100/mt over SHFE 1407 aluminum contract, versus RMB 13,410-13,420/mt in Hangzhou. SHFE aluminum for July delivery drifted lower after a high opening, leaving bearish sellers in a rush to sell. This sent prices down RMB 20/mt. 

 
 
 
 
Shanghai aluminum prices

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