SHANGHAI, Apr. 10 (SMM) –Spot aluminum largely traded between RMB 13,130-13,150/mt in Shanghai on Friday, discounts of RMB 80-90/mt over SHFE 1504 aluminum contract, versus RMB 13,130-13,140/mt in Wuxi, and RMB 13,170-13,180/mt in Hangzhou. SHFE 1504 aluminum contract stopped falling, and downstream demand picked up, allowing prices to rally.
East China Aluminum Prices Rebound Slightly (Apr. 10, 2015)
Spot aluminum largely traded between RMB 13,130-13,150/mt in Shanghai on Friday, discounts of RMB 80-90/mt over SHFE 1504 aluminum contract.
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