[Al Price] East China Aluminum Prices Stabilize, Demand Slack (Aug. 5, 2015)_SMM

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Home / Metal News / Lead / [Al Price] East China Aluminum Prices Stabilize, Demand Slack (Aug. 5, 2015)

[Al Price] East China Aluminum Prices Stabilize, Demand Slack (Aug. 5, 2015)

Aug 5,2015 16:20

CST

price review forecast

Source:SMM

Aluminum prices were mainly between RMB 11,960-11,970/mt in Shanghai on Wednesday, discounts of RMB 40-30/mt over August aluminum on the SHFE.

SHANGHAI, Aug. 5 (SMM) – Aluminum prices were mainly between RMB 11,960-11,970/mt in Shanghai on Wednesday, discounts of RMB 40-30/mt over August aluminum on the SHFE, versus RMB 11,930-11,960/mt in Wuxi and RMB 11,960-11,970/mt in Hangzhou. Downstream consumption was sluggish. Prices in Shanghai and Hangzhou held stable, those in Wuxi slipped RMB 10/mt. Ample supply prevented prices from rising.

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Shanghai aluminum prices

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price review & forecast

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