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