Rising Aluminum Prices in East China Dent Appetite (Aug. 27, 2014)-Shanghai Metals Market

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Home > News > Price Review & Forecast > Rising Aluminum Prices in East China Dent Appetite (Aug. 27, 2014)

Rising Aluminum Prices in East China Dent Appetite (Aug. 27, 2014)

Price Review & Forecast 02:53:51PM Aug 27, 2014 Source:SMM

SHANGHAI, Aug. 27 (SMM) – Spot aluminum largely traded at RMB 14,380-14,390/mt in Shanghai on Wednesday, a discount of RMB 20-30/mt over SHFE 1409 aluminum contract, versus RMB 14,400-14,410/mt in Wuxi and RMB 14,390-14,400/mt in Hangzhou. Sellers asked for higher prices after SHFE aluminum prices rose sharply. Higher offers dented traders’ appetite.

Key Words: Shanghai aluminum prices

Relative News

Price

1# Zinc

Dec.13

18470.0

80.0

(0.44%)

0# Zinc

Dec.13

18540.0

80.0

(0.43%)

T/C for Domestic Zinc Concentrate

Dec.01

6275.0

0.0

(0.00%)

T/C for Imported Zinc Concentrate

Dec.01

310.0

30.0

(10.71%)

Zinc Alloy (Zamak5/ZX03)

Dec.13

19740.0

80.0

(0.41%)

Rising Aluminum Prices in East China Dent Appetite (Aug. 27, 2014)

Price Review & Forecast 02:53:51PM Aug 27, 2014 Source:SMM

Key Words: Shanghai aluminum prices