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Aluminum Prices in East China Continue Falling on Tepid Demand (Oct. 15, 2014)
Oct 15,2014 13:19CST
price review forecast
Source:SMM
Spot aluminum largely traded at RMB 13,670-13,680/mt in Shanghai and Wuxi on Wednesday, discounts of RMB 30-40/mt over SHFE 1410 aluminum contract.
SHANGHAI, Oct. 15 (SMM) – Spot aluminum largely traded at RMB 13,670-13,680/mt in Shanghai and Wuxi on Wednesday, discounts of RMB 30-40/mt over SHFE 1410 aluminum contract, versus RMB 13,680-13,690/mt in Hangzhou. Sellers cut offers to promote sales, but downstream buyers held to the sidelines. Traders did not enter the market to buy goods until SHFE 1410 aluminum contract rebounded near lunchtime. 
 
 
 
 
 
Shanghai aluminum prices

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