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East China Aluminum Prices Down Over RMB 200/mt (Jul. 8, 2015)
Jul 8,2015 13:20CST
price review forecast
Source:SMM
The slump in SHFE 1507 aluminum contract prices weighed down spot prices in east China.
SHANGHAI, Jul. 8 (SMM) – The slump in SHFE 1507 aluminum contract prices weighed down spot prices in east China. Spot aluminum largely traded between RMB 12,050-12,070/mt in Shanghai, Wuxi and Hangzhou on Wednesday, discounts of RMB 40-60/mt over SHFE 1507 aluminum contract. The price slump left sellers unwilling to sell. Processors were cautious about buying, wondering if prices would continue falling. 
 
 
 
 
 
Shanghai aluminum prices

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