Aluminum Demand in East China Picks Up Ahead of Weekend (Aug. 15, 2014)-Shanghai Metals Market

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Aluminum Demand in East China Picks Up Ahead of Weekend (Aug. 15, 2014)

Price Review & Forecast 01:20:53PM Aug 15, 2014 Source:SMM
SHANGHAI, Aug. 15 (SMM) – Spot aluminum largely traded at RMB 13,910-13,950/mt in Shanghai on Friday, a discount of RMB 0-40/mt over SHFE 1408 aluminum contract, versus RMB 13,920-13,960/mt in Wuxi and Hangzhou. Demand picked up slightly ahead of the weekend. 
 
 
 
 

Aluminum Demand in East China Picks Up Ahead of Weekend (Aug. 15, 2014)

Price Review & Forecast 01:20:53PM Aug 15, 2014 Source:SMM
SHANGHAI, Aug. 15 (SMM) – Spot aluminum largely traded at RMB 13,910-13,950/mt in Shanghai on Friday, a discount of RMB 0-40/mt over SHFE 1408 aluminum contract, versus RMB 13,920-13,960/mt in Wuxi and Hangzhou. Demand picked up slightly ahead of the weekend.