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Falling China Aluminum Prices Improve Buying (May 12, 2015)

iconMay 12, 2015 14:11
Source:SMM
Spot aluminum in east China followed SHFE 1505 aluminum contract down on Tuesday.

   

SHANGHAI, May 12 (SMM) – Spot aluminum in east China followed SHFE 1505 aluminum contract down on Tuesday. Mainstream traded prices were RMB 13,040-13,060/mt in Shanghai, discounts of RMB 150-170/mt over SHFE 1505 aluminum contract, versus RMB 13,020-13,050/mt in Wuxi, and RMB 13,060-13,070/mt in Hangzhou. Lower prices lured buyers in.  
 
 
Shanghai aluminum prices

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