Aluminum Prices in East China Rise Before Falling Back (Jan. 19, 2015)

Published: Jan 19, 2015 13:19

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Spot aluminum largely traded between RMB 12,810-12,830/mt in Shanghai on Monday, discounts of RMB 0-10/mt over SHFE 1502 aluminum contract.

SHANGHAI, Jan. 19 (SMM) – Spot aluminum largely traded between RMB 12,810-12,830/mt in Shanghai on Monday, discounts of RMB 0-10/mt over SHFE 1502 aluminum contract, versus RMB 12,820-12,830/mt in Wuxi and RMB 12,830-12,850/mt in Hangzhou. Spot aluminum rose at first, but then fell back, tracking the movement of SHFE aluminum. Trading was modest.

Shanghai aluminum prices

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