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Home / Metal News / East China Aluminum Prices Fall, Spot Discounts Widen (Apr. 28, 2015)

East China Aluminum Prices Fall, Spot Discounts Widen (Apr. 28, 2015)

Apr 28, 2015 16:32

Source:SMM

Spot aluminum largely traded between RMB 13,090-13100/mt in Shanghai on Tuesday, discounts of RMB 180-190/mt over SHFE 1505 aluminum contract.

SHANGHAI, Apr. 28 (SMM) –Spot aluminum largely traded between RMB 13,090-13100/mt in Shanghai on Tuesday, discounts of RMB 180-190/mt over SHFE 1505 aluminum contract, versus RMB 13,070-13,090/mt in Wuxi, and RMB 13,120-13,130/mt in Hangzhou. SHFE 1505 aluminum contract gave back most of gains made in previous day, promoting sellers in spot market to cut offers. Processors went bargain hunting in small amounts, while traders showed little interest.

Shanghai aluminum prices

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