SHANGHAI, Apr. 9 (SMM) –Spot aluminum largely traded between RMB 13,030-13,060/mt in Shanghai on Thursday, discounts of RMB 80-110/mt over SHFE 1504 aluminum contract, versus RMB 13,020-13,040/mt in Wuxi, and RMB 13,040-13,070/mt in Hangzhou. SHFE 1504 aluminum contract lost over 1.5%, sending spot prices down as well. Lower prices lured some traders and processors in.
Falling Aluminum Prices in East China Lure Some Buyers in (Apr. 9, 2015)
Spot aluminum largely traded between RMB 13,030-13,060/mt in Shanghai on Thursday, discounts of RMB 80-110/mt over SHFE 1504 aluminum contract.
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