East China Aluminum Prices Rise as Demand Picks Up (Apr. 17, 2015)-Shanghai Metals Market

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East China Aluminum Prices Rise as Demand Picks Up (Apr. 17, 2015)

Price Review & Forecast 01:19:15PM Apr 17, 2015 Source:SMM

                

SHANGHAI, Apr. 17 (SMM) –SHFE 1505 aluminum contract drifted higher to RMB 13,220/mt on Friday. Spot aluminum largely traded between RMB 13,090-13,100/mt in Shanghai, discounts of RMB 100-110/mt over SHFE 1505 aluminum contract, versus RMB 13,080-13,100/mt in Wuxi, and RMB 13,140-13,150/mt in Hangzhou. Demand picked up slightly ahead of the weekend.  
 
  
 

East China Aluminum Prices Rise as Demand Picks Up (Apr. 17, 2015)

Price Review & Forecast 01:19:15PM Apr 17, 2015 Source:SMM

                

SHANGHAI, Apr. 17 (SMM) –SHFE 1505 aluminum contract drifted higher to RMB 13,220/mt on Friday. Spot aluminum largely traded between RMB 13,090-13,100/mt in Shanghai, discounts of RMB 100-110/mt over SHFE 1505 aluminum contract, versus RMB 13,080-13,100/mt in Wuxi, and RMB 13,140-13,150/mt in Hangzhou. Demand picked up slightly ahead of the weekend.