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East China Aluminum Consumption Improves After Prices Fall (May 25, 2015)
May 25,2015 17:09CST
price review forecast
Source:SMM
Spot aluminum largely traded between RMB 13,000-13,020/mt in Shanghai on Monday, discounts of RMB 120-140/mt over SHFE 1506 aluminum contract.

    

SHANGHAI, May 25 (SMM) – Spot aluminum largely traded between RMB 13,000-13,020/mt in Shanghai on Monday, discounts of RMB 120-140/mt over SHFE 1506 aluminum contract, versus RMB 13,000-13,020/mt in Wuxi, and RMB 13,040-13,050/mt in Hangzhou. Some sellers rushed to sell against a pileup of inventories, sending prices down. Lower prices stoked buying interest.  
 
 
Shanghai aluminum prices

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