[Al Price] East China Aluminum Prices Inch Up, Downstream Buying Tepid (Jul. 27, 2015)

Published: Jul 27, 2015 13:34
Aluminum prices were mainly between RMB 12,140-12,150/mt in Shanghai on Monday, discounts of RMB 100-110/mt over August aluminum on the SHFE.

SHANGHAI, Jul. 27 (SMM) – Aluminum prices were mainly between RMB 12,140-12,150/mt in Shanghai on Monday, discounts of RMB 100-110/mt over August aluminum on the SHFE, versus RMB 12,120-12,150/mt in Wuxi and RMB 12,140-12,150/mt in Hangzhou. Traders actively hunted for cheap goods gained early in the morning, while processors remained little interested in building stocks.  





Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn