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Home / Metal News / East China Aluminum Prices Fall, Spot Discounts Narrow (May 14, 2015)

East China Aluminum Prices Fall, Spot Discounts Narrow (May 14, 2015)

iconMay 14, 2015 13:34
Source:SMM
Spot aluminum largely traded between RMB 13,060-13,070/mt in Shanghai on Thursday, discounts of RMB 120-130/mt over SHFE 1505 aluminum contract.

 

SHANGHAI, May 14 (SMM) – Spot aluminum largely traded between RMB 13,060-13,070/mt in Shanghai on Thursday, discounts of RMB 120-130/mt over SHFE 1505 aluminum contract, versus RMB 13,040-13,050/mt in Wuxi, and RMB 13,060-13,070/mt in Hangzhou. Holders of hedged goods became more willing to sell, but traders showed little buying interest. Processors continued buying only as needed.  
 
 
  
 
Shanghai aluminum prices

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