[Al Price] East China Aluminum Prices Fall below RMB 12,000/mt (Aug. 4, 2015)-Shanghai Metals Market

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[Al Price] East China Aluminum Prices Fall below RMB 12,000/mt (Aug. 4, 2015)

Price Review & Forecast 01:34:31PM Aug 04, 2015 Source:SMM

SHANGHAI, Aug. 4 (SMM) – Aluminum prices were mainly between RMB 11,960-11,970/mt in Shanghai on Tuesday, discounts of RMB 40-30/mt over August aluminum on the SHFE, versus RMB 11,940-11,970/mt in Wuxi and RMB 11,960-11,970/mt in Hangzhou. Spot prices fell below RMB 12,000/mt, luring downstream buyers to go bargain hunting. 



   


[Al Price] East China Aluminum Prices Fall below RMB 12,000/mt (Aug. 4, 2015)

Price Review & Forecast 01:34:31PM Aug 04, 2015 Source:SMM

SHANGHAI, Aug. 4 (SMM) – Aluminum prices were mainly between RMB 11,960-11,970/mt in Shanghai on Tuesday, discounts of RMB 40-30/mt over August aluminum on the SHFE, versus RMB 11,940-11,970/mt in Wuxi and RMB 11,960-11,970/mt in Hangzhou. Spot prices fell below RMB 12,000/mt, luring downstream buyers to go bargain hunting.