Spot Discounts in East China Aluminum Market Widen (Jan. 29, 2015)

Published: Jan 29, 2015 13:13

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Spot aluminum largely traded between RMB 12,650-12,670/mt in Shanghai on Thursday, discounts of RMB 60-80/mt over SHFE 1502 aluminum contract.

SHANGHAI, Jan. 29 (SMM) – Spot aluminum largely traded between RMB 12,650-12,670/mt in Shanghai on Thursday, discounts of RMB 60-80/mt over SHFE 1502 aluminum contract, versus RMB 12,650-12,680/mt in Wuxi and RMB 12,620-12,640/mt in Hangzhou. Processors pushed for lower prices, causing spot discounts to widen. Traders were active in the market.

Shanghai aluminum prices

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