Spot aluminum largely traded between RMB 12,940-12,960/mt in Shanghai on Wednesday, discounts of RMB 90-100/mt over SHFE 1506 aluminum contract.
SHANGHAI, Jun. 3 (SMM) – Spot aluminum largely traded between RMB 12,940-12,960/mt in Shanghai on Wednesday, discounts of RMB 90-100/mt over SHFE 1506 aluminum contract, versus RMB 12,920-12,940/mt in Wuxi, and RMB 12,970-12,980/mt in Hangzhou. Sellers and buyers were at loggerheads with each other over pricing, leaving trading thin.
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