[Al Price] East China Aluminum Prices Rise, Spot Discounts Narrow (Jul. 29, 2015)

Published: Jul 29, 2015 12:08
Aluminum prices were mainly between RMB 12,190-12,210/mt in Shanghai on Wednesday, discounts of RMB 100-90/mt over August aluminum on the SHFE.

SHANGHAI, Jul. 29 (SMM) – Aluminum prices were mainly between RMB 12,190-12,210/mt in Shanghai on Wednesday, discounts of RMB 100-90/mt over August aluminum on the SHFE, versus RMB 12,180-12,200/mt in Wuxi and RMB 12,210-12,220/mt in Hangzhou. Spot prices rose at first, but then fell back, tracking SHFE aluminum. Buying cooled after SHFE aluminum drifted lower.  






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[Al Price] East China Aluminum Prices Rise, Spot Discounts Narrow (Jul. 29, 2015) - Shanghai Metals Market (SMM)