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Home / Metal News / Aluminum Prices in East China Dip, Trading Sluggish (Aug. 6, 2014)

Aluminum Prices in East China Dip, Trading Sluggish (Aug. 6, 2014)

Aug 6, 2014 13:11

Spot aluminum largely traded at RMB 13,950-13,960/mt in Shanghai and Wuxi on Wednesday, a discount of RMB 30-40/mt over SHFE 1408 aluminum contract.

SHANGHAI, Aug. 6 (SMM) - Spot aluminum largely traded at RMB 13,950-13,960/mt in Shanghai and Wuxi on Wednesday, a discount of RMB 30-40/mt over SHFE 1408 aluminum contract. Mainstream traded prices were RMB 13,960-13,970/mt in Hangzhou. Spot aluminum prices followed SHFE 1408 aluminum contract down RMB 60/mt. Traders lost buying interest, while downstream producers sourced only on an as-needed basis.

Shanghai aluminum prices

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