Spot Discounts in East China Aluminum Market Widen on Poor Demand (May 22, 2015)

May 22, 2015 13:13

Source:SMM

Spot aluminum largely traded between RMB 13,030-13,050/mt in Shanghai on Friday, discounts of RMB 150-170/mt over SHFE 1506 aluminum contract.

SHANGHAI, May 22 (SMM) – Spot aluminum largely traded between RMB 13,030-13,050/mt in Shanghai on Friday, discounts of RMB 150-170/mt over SHFE 1506 aluminum contract, versus RMB 13,020-13,040/mt in Wuxi, and RMB 13,080-13,090/mt in Hangzhou. Suppliers were eager to sell, but processors generally took a wait-and-see stance. Traders also showed little buying interest.

Shanghai aluminum prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Spot Discounts in East China Aluminum Market Widen on Poor Demand (May 22, 2015)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025