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Aluminum Prices in East China Inch Down, Trading Remains Thin (Oct. 21, 2014)
Oct 21,2014 13:46CST
price review forecast
Source:SMM
Spot aluminum largely traded at RMB 13,680-13,690/mt in Shanghai and Wuxi on Tuesday, discounts of RMB 60-70/mt over SHFE 1411 aluminum contract.
SHANGHAI, Oct. 21 (SMM) – Spot aluminum largely traded at RMB 13,680-13,690/mt in Shanghai and Wuxi on Tuesday, discounts of RMB 60-70/mt over SHFE 1411 aluminum contract, versus RMB 13,690-13,700/mt in Hangzhou. Sellers were anxious to sell out of pessimism, but traders watched from the sidelines. Downstream producers bought only as needed and pushed for lower prices.                 
 
 
 
 
Shanghai aluminum prices

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