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Trading in East China Aluminum Market Muted (Oct. 29, 2014)

iconOct 29, 2014 13:16
Spot aluminum largely traded at RMB 13,620-13,630/mt in Shanghai and Wuxi on Wednesday, discounts of RMB 80-90/mt over SHFE 1411 aluminum contract.
SHANGHAI, Oct. 29 (SMM) – Spot aluminum largely traded at RMB 13,620-13,630/mt in Shanghai and Wuxi on Wednesday, discounts of RMB 80-90/mt over SHFE 1411 aluminum contract, versus RMB 13,640-13,650/mt in Hangzhou. Buyers pushed for lower prices, but sellers refused to cut offers, leaving trading muted. 
 
 
 
Shanghai aluminum prices
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