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East China Aluminum Prices Follow SHFE Aluminum Down (Mar. 23, 2015)

iconMar 23, 2015 13:08
Source:SMM
Spot aluminum largely traded between RMB 13,050-13,060/mt in Shanghai on Monday, discounts of RMB 250-260/mt over SHFE 1504 aluminum contract.
SHANGHAI, Mar. 23 (SMM) –Spot aluminum largely traded between RMB 13,050-13,060/mt in Shanghai on Monday, discounts of RMB 250-260/mt over SHFE 1504 aluminum contract, versus RMB 13,030-13,050/mt in Wuxi, and RMB 13,070-13,080/mt in Hangzhou. Falling HFE 1504 aluminum contract cooled buying in physical market, but sellers did not become panic. 
 
    
 
Shanghai aluminum prices
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