Home / Metal News / Aluminium / East China Aluminum Prices Rise as Demand Picks Up (Apr. 24, 2015)
East China Aluminum Prices Rise as Demand Picks Up (Apr. 24, 2015)
Apr 24,2015 17:34CST
price review forecast
Source:SMM
Spot aluminum largely traded between RMB 13,080-13,090/mt in Shanghai on Friday, discounts of RMB 130-140/mt over SHFE 1505 aluminum contract.

          

SHANGHAI, Apr. 24 (SMM) –Spot aluminum largely traded between RMB 13,080-13,090/mt in Shanghai on Friday, discounts of RMB 130-140/mt over SHFE 1505 aluminum contract, versus RMB 13,070-13,080/mt in Wuxi, and RMB 13,100-13,120/mt in Hangzhou. Downstream demand picked up ahead of the weekend, allowing prices to rise. Higher prices discouraged traders from buying. 
 
  
 
Shanghai aluminum prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news