Trading Activities in East China Aluminum Markets Quiet Down (Aug. 20, 2014)-Shanghai Metals Market

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Trading Activities in East China Aluminum Markets Quiet Down (Aug. 20, 2014)

Price Review & Forecast 12:59:33PM Aug 20, 2014 Source:SMM
SHANGHAI, Aug. 20 (SMM) – Spot aluminum largely traded at RMB 14,110-14,120/mt in Shanghai on Wednesday, a discount of RMB 10-20/mt over SHFE 1409 aluminum contract, versus RMB 14,120-14,130/mt in Wuxi and Hangzhou. Sellers rushed to sell, but buyers showed little interest. 
 
 
 
 
 

Trading Activities in East China Aluminum Markets Quiet Down (Aug. 20, 2014)

Price Review & Forecast 12:59:33PM Aug 20, 2014 Source:SMM
SHANGHAI, Aug. 20 (SMM) – Spot aluminum largely traded at RMB 14,110-14,120/mt in Shanghai on Wednesday, a discount of RMB 10-20/mt over SHFE 1409 aluminum contract, versus RMB 14,120-14,130/mt in Wuxi and Hangzhou. Sellers rushed to sell, but buyers showed little interest.