Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / Rising East China Aluminum Prices Cool Buying (May 6, 2015)

Rising East China Aluminum Prices Cool Buying (May 6, 2015)

May 6, 2015 13:13

Source:SMM

Spot aluminum largely traded between RMB 13,230-13,240/mt in Shanghai on Wednesday, discounts of RMB 170-200/mt over SHFE 1505 aluminum contract.

SHANGHAI, May 6 (SMM) –Spot aluminum largely traded between RMB 13,230-13,240/mt in Shanghai on Wednesday, discounts of RMB 170-200/mt over SHFE 1505 aluminum contract, versus RMB 13,200-13,240/mt in Wuxi, and RMB 13,260-13,280/mt in Hangzhou. SHFE 1505 aluminum contract rose sharply, encouraging sellers in spot market to demand higher prices. Higher offers depressed buying, forcing sellers to cut offers later.

Shanghai aluminum prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

In east China spot aluminum market, suppliers released fewer goods into the market, and downstream buying picked up.

Oct 26, 2015 15:50

SMM Comments

SMM Aluminum Market Daily Review (2015-9-18)

SHFE 1511 aluminum briefly dipped to RMB 11,930/mt after opening at RMB 11,975/mt on Friday.

Sep 21, 2015 09:02

SMM Comments

East China Aluminum Prices Rise as Demand Picks up (Sept. 18, 2015)

Trading was brisk in east China spot aluminum market on Friday, driving prices up.

Sep 18, 2015 16:56

SMM Comments

SMM Aluminum Market Daily Review (2015-9-16)

SHFE 1511 aluminum dipped to RMB 11,875/mt after opening at RMB 11,930/mt on Wednesday.

Sep 17, 2015 09:04

SMM Comments

East China Aluminum Prices Extend Losses, Spot Discounts Widen (Jun. 11, 2015)

Spot aluminum largely traded between RMB 12,720-12,730/mt in Shanghai on Thursday, discounts of RMB 60-70/mt over SHFE 1506 aluminum contract.

Jun 11, 2015 12:13

SMM Comments

SMM Aluminum Market Daily Review (2015-6-5)

Last Friday, massive entry of shorts caused SHFE 1508 aluminum contract to drop to RMB 13,000/mt before ending at RMB 13,010/mt.

Jun 8, 2015 09:51

SMM Comments

SMM Aluminum Market Daily Review (2015-5-14)

On Thursday, SHFE 1507 aluminum contract fell below the 20-day moving average to RMB 13,270/mt due to selloffs at highs.

May 15, 2015 09:02

SMM Comments

SMM Aluminum Market Daily Review (2015-2-4)

On Tuesday night, SHFE 1504 aluminum contract dropped to RMB 13,105/mt due to profit-taking at highs after starting at RMB 13,200/mt.

Feb 5, 2015 09:27

SMM Comments

SMM Aluminum Market Daily Review (2015-1-29)

On Wednesday night, SHFE 1504 aluminum contract slipped to RMB 12,840/mt after starting at RMB 12,870/mt, and finished the night session at RMB 12,855/mt.

Jan 30, 2015 09:37

SMM Comments

SMM Aluminum Market Daily Review (2015-1-21)

–On Tuesday night, SHFE 1503 aluminum contract slipped to RMB 12,750/mt after starting at RMB 12,820/mt, and finished the night session at RMB 12,815/mt.

Jan 22, 2015 09:23

SMM Comments

SMM Events & Webinars

All

Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia
Jun
18
- 2024 ASEAN Automotive Supply Chain
  Jun 18 - 19,2024
  Pattaya,Thailand

Rising East China Aluminum Prices Cool Buying (May 6, 2015)

SMM Events & Webinars

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit

2024 ASEAN Automotive Supply Chain