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Home / Metal News / East China Aluminum Prices Fall on Poor Demand (May 20, 2015)

East China Aluminum Prices Fall on Poor Demand (May 20, 2015)

iconMay 20, 2015 15:38
Spot aluminum largely traded between RMB 13,030-13,040/mt in Shanghai on Wednesday, discounts of RMB 130-140/mt over SHFE 1506 aluminum contract.

  

SHANGHAI, May 20 (SMM) – Spot aluminum largely traded between RMB 13,030-13,040/mt in Shanghai on Wednesday, discounts of RMB 130-140/mt over SHFE 1506 aluminum contract, versus RMB 13,010-13,040/mt in Wuxi, and RMB 13,040-13,050/mt in Hangzhou. Suppliers were eager to sell, but buyers showed little interest out of pessimism, sending prices down. 
 
 
 
 
Shanghai aluminum prices
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