Home / Metal News / East China Aluminum Prices Continue Falling, Spot Discounts Widen (Aug. 19, 2015)

East China Aluminum Prices Continue Falling, Spot Discounts Widen (Aug. 19, 2015)

iconAug 19, 2015 16:03
Source:SMM
SHFE 1509 aluminum fell to as low as RMB 11,885/mt as Chinese A-share market hit new lows.

SHANGHAI, Aug. 19 (SMM) – SHFE 1509 aluminum fell to as low as RMB 11,885/mt as Chinese A-share market hit new lows. This dragged down prices in east China spot market. Aluminum prices were mainly between RMB 11,830-11,840/mt in Shanghai on Wednesday, discounts of RMB 60-70/mt, versus RMB 11,830-11,840/mt in Wuxi and RMB 11,830-11,850/mt in Hangzhou. Sellers panicked after SHFE aluminum tumbled. Downstream producers bought only as needed. 


 


Al price
Shanghai aluminum prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All