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East China Aluminum Prices Fall, Trading Thin (May 19, 2015)
May 19,2015 13:57CST
price review forecast
Source:SMM
Spot aluminum largely traded between RMB 13,040-13,050/mt in Shanghai on Tuesday, discounts of RMB 130-150/mt over SHFE 1506 aluminum contract.
SHANGHAI, May 19 (SMM) – Spot aluminum largely traded between RMB 13,040-13,050/mt in Shanghai on Tuesday, discounts of RMB 130-150/mt over SHFE 1506 aluminum contract, versus RMB 13,030-13,040/mt in Wuxi, and RMB 13,050-13,060/mt in Hangzhou. Holders of hedged goods became eager to sell after spot discounts narrowed, but traders watched from the sidelines, sending prices down. 
 
 
 
Shanghai aluminum prices

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