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Spot Discounts in East China Aluminum Market Widen to RMB 140-150/mt (Jun. 26, 2015)
Jun 26,2015 12:08CST
price review forecast
Source:SMM
Spot aluminum largely traded between RMB 12,600-12,610/mt in Shanghai on Friday, discounts of RMB 140-150/mt over SHFE 1507 aluminum contract.
SHANGHAI, Jun. 26 (SMM) –Spot aluminum largely traded between RMB 12,600-12,610/mt in Shanghai on Friday, discounts of RMB 140-150/mt over SHFE 1507 aluminum contract, versus RMB 12,590-12,610/mt in Wuxi, and RMB 12,640-12,650/mt in Hangzhou. SHFE aluminum inched up, but spot prices lacked upward momentum, causing spot discounts to widen. Downstream consumption picked up slightly before the weekend.   
 
 
 
 
 
Shanghai aluminum prices

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