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Home / Metal News / Aluminum Demand Picks Up in East China (Jul. 3, 2015)

Aluminum Demand Picks Up in East China (Jul. 3, 2015)

Jul 3, 2015 13:17

Source:SMM

Spot aluminum largely traded between RMB 12,490-12,500/mt in Shanghai on Friday, discounts of RMB 90-100/mt over SHFE 1507 aluminum contract.

SHANGHAI, Jul. 3 (SMM) –Spot aluminum largely traded between RMB 12,490-12,500/mt in Shanghai on Friday, discounts of RMB 90-100/mt over SHFE 1507 aluminum contract, versus RMB 12,480-12,490/mt in Wuxi, and RMB 12,510-12,520/mt in Hangzhou. Downstream demand picked up before the weekend, but ample supply prevented prices from rising.

Shanghai aluminum prices

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SHFE 1510 aluminum contract struggled below the daily moving average on Thursday morning.

Jul 31, 2015 08:43

SMM Comments

[Al Price] East China Aluminum Prices Down on Poor Demand (Jul. 28, 2015)

Aluminum prices were mainly between RMB 12,100-12,120/mt in Shanghai on Tuesday, discounts of RMB 100-120/mt over August aluminum on the SHFE.

Jul 28, 2015 16:27

SMM Comments

[Al Price] SMM Aluminum Market Daily Review (2015-7-20)

SHFE 1510 aluminum contract became the most active one on July 20.

Jul 21, 2015 09:13

SMM Comments

East China Aluminum Prices Fall, Trading Thin (May 27, 2015)

Spot aluminum largely traded between RMB 12,960-12,970/mt in Shanghai on Wednesday, discounts of RMB 160-170/mt over SHFE 1506 aluminum contract.

May 27, 2015 15:46

SMM Comments

SMM Aluminum Market Daily Review (2015-5-25)

SHFE 1507 aluminum contract was range-bound on Monday in the absence of guidance from LME aluminum.

May 26, 2015 09:54

SMM Comments

Spot Discounts in East China Aluminum Market Widen on Poor Demand (May 22, 2015)

Spot aluminum largely traded between RMB 13,030-13,050/mt in Shanghai on Friday, discounts of RMB 150-170/mt over SHFE 1506 aluminum contract.

May 22, 2015 13:13

SMM Comments

SMM Aluminum Market Daily Review (2015-2-4)

On Tuesday night, SHFE 1504 aluminum contract dropped to RMB 13,105/mt due to profit-taking at highs after starting at RMB 13,200/mt.

Feb 5, 2015 09:27

SMM Comments

SMM Aluminum Market Daily Review (2015-1-29)

On Wednesday night, SHFE 1504 aluminum contract slipped to RMB 12,840/mt after starting at RMB 12,870/mt, and finished the night session at RMB 12,855/mt.

Jan 30, 2015 09:37

SMM Comments

SMM Aluminum Market Daily Review (2015-1-22)

On Wednesday night, SHFE 1503 aluminum contract shot up after starting at RMB 12,760/mt, and finished the night session at RMB 12,835/mt.

Jan 23, 2015 09:06

SMM Comments

SMM Aluminum Market Daily Review (2015-1-21)

–On Tuesday night, SHFE 1503 aluminum contract slipped to RMB 12,750/mt after starting at RMB 12,820/mt, and finished the night session at RMB 12,815/mt.

Jan 22, 2015 09:23

SMM Comments

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Aluminum Demand Picks Up in East China (Jul. 3, 2015)

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