SHANGHAI, Jan. 26 (SMM) – Spot aluminum largely traded between RMB 12,660-12,670/mt in Shanghai on Monday, discounts of RMB 30-60/mt over SHFE 1502 aluminum contract, versus RMB 12,660-12,680/mt in Wuxi and Hangzhou. Growing willingness to sell and falling SHFE aluminum weighed spot pricesdown. Traders were active in the market.
Aluminum Prices in East China Track SHFE Aluminum Down (Jan. 26, 2015)
Spot aluminum largely traded between RMB 12,660-12,670/mt in Shanghai on Monday, discounts of RMB 30-60/mt over SHFE 1502 aluminum contract.
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