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Home / Metal News / East China Aluminum Prices Down, Trading Thin (Jul. 6, 2015)

East China Aluminum Prices Down, Trading Thin (Jul. 6, 2015)

Jul 6, 2015 14:42

Spot aluminum largely traded between RMB 12,400-12,410/mt in Shanghai on Monday, discounts of RMB 80-100/mt over SHFE 1507 aluminum contract.

SHANGHAI, Jul. 6 (SMM) –Spot aluminum largely traded between RMB 12,400-12,410/mt in Shanghai on Monday, discounts of RMB 80-100/mt over SHFE 1507 aluminum contract, versus RMB 12,400-12,410/mt in Wuxi, and RMB 12,420-12,430/mt in Hangzhou. Spot prices followed SHFE aluminum down sharply, but sellers did not panic. Downstream producers bought only to need, while traders were cautious about buying.

Shanghai aluminum prices

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