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East China Aluminum Prices Rebound Over RMB 100/mt (Jul. 2, 2015)

iconJul 2, 2015 16:40
Source:SMM
Spot aluminum largely traded between RMB 12,530-12,540/mt in Shanghai on Thursday, discounts of RMB 70-80/mt over SHFE 1507 aluminum contract.
SHANGHAI, Jul. 2 (SMM) –Spot aluminum largely traded between RMB 12,530-12,540/mt in Shanghai on Thursday, discounts of RMB 70-80/mt over SHFE 1507 aluminum contract, versus RMB 12,520-12,530/mt in Wuxi, and RMB 12,540-12,550/mt in Hangzhou. Spot aluminum followed SHFE aluminum up, but processors showed little buying interest out of doubt over the sustainability of the rise. 
 
 
 
 
Shanghai aluminum prices

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