East China Aluminum Prices Extend Losses (Jun. 4, 2015)-Shanghai Metals Market

Hot Keywords

  • Nickel
  • Nickel ore
  • Inventory data
  • Copper
  • Stainless steel
  • Rare earths
  • Aluminium
  • Macroeconomics
  • Zinc
  • Iron ore
  • Production data
  • Market commentary
  • Tin
  • Morning comments
  • Futures movement

East China Aluminum Prices Extend Losses (Jun. 4, 2015)

Price Review & Forecast 03:00:16PM Jun 04, 2015 Source:SMM
SHANGHAI, Jun. 4 (SMM) – Spot aluminum largely traded between RMB 12,920-12,930/mt in Shanghai on Thursday, discounts of RMB 80-90/mt over SHFE 1506 aluminum contract, versus RMB 12,900-12,920/mt in Wuxi, and RMB 12,940-12,950/mt in Hangzhou. Aluminum prices showed no signs of a turnaround. Downstream producers continued to restock only as needed.  
 
  
 

East China Aluminum Prices Extend Losses (Jun. 4, 2015)

Price Review & Forecast 03:00:16PM Jun 04, 2015 Source:SMM
SHANGHAI, Jun. 4 (SMM) – Spot aluminum largely traded between RMB 12,920-12,930/mt in Shanghai on Thursday, discounts of RMB 80-90/mt over SHFE 1506 aluminum contract, versus RMB 12,900-12,920/mt in Wuxi, and RMB 12,940-12,950/mt in Hangzhou. Aluminum prices showed no signs of a turnaround. Downstream producers continued to restock only as needed.