[Al Price] East China Aluminum Prices Down, Trading Improves Slightly (Aug. 3, 2015)-Shanghai Metals Market

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[Al Price] East China Aluminum Prices Down, Trading Improves Slightly (Aug. 3, 2015)

Price Review & Forecast 02:05:12PM Aug 03, 2015 Source:SMM

SHANGHAI, Aug. 3 (SMM) – Aluminum prices were mainly between RMB 12,030-12,040/mt in Shanghai on Monday, discounts of RMB 50-70/mt over August aluminum on the SHFE, versus RMB 12,020-12,040/mt in Wuxi and RMB 12,030-12,040/mt in Hangzhou. Easing liquidity crunch and lower prices lured some downstream buyers to go bargain hunting. 




   


[Al Price] East China Aluminum Prices Down, Trading Improves Slightly (Aug. 3, 2015)

Price Review & Forecast 02:05:12PM Aug 03, 2015 Source:SMM

SHANGHAI, Aug. 3 (SMM) – Aluminum prices were mainly between RMB 12,030-12,040/mt in Shanghai on Monday, discounts of RMB 50-70/mt over August aluminum on the SHFE, versus RMB 12,020-12,040/mt in Wuxi and RMB 12,030-12,040/mt in Hangzhou. Easing liquidity crunch and lower prices lured some downstream buyers to go bargain hunting.