East China Aluminum Prices Continue Falling as Pessimism Rules (Jun. 10, 2015)

Published: Jun 10, 2015 12:02

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Spot aluminum largely traded between RMB 12,750-12,760/mt in Shanghai on Wednesday, discounts of RMB 50-60/mt over SHFE 1506 aluminum contract.

SHANGHAI, Jun. 10 (SMM) –Spot aluminum largely traded between RMB 12,750-12,760/mt in Shanghai on Wednesday, discounts of RMB 50-60/mt over SHFE 1506 aluminum contract, versus RMB 12,740-12,760/mt in Wuxi, and RMB 12,770-12,790/mt in Hangzhou. Sellers were eager to sell, but buyers sat tight, waiting for prices to fall.

Shanghai aluminum prices

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