Home / Metal News / Copper / Spot Discounts Widen Sharply in East China Aluminum Market (Aug. 20, 2015)
Spot Discounts Widen Sharply in East China Aluminum Market (Aug. 20, 2015)
Aug 20,2015 14:11CST
price review forecast
Source:SMM
SHFE 1509 aluminum climbed to RMB 11,970/mt after opening at RMB 11,930/mt on Thursday.

SHANGHAI, Aug. 20 (SMM) – SHFE 1509 aluminum climbed to RMB 11,970/mt after opening at RMB 11,930/mt on Thursday. Aluminum prices were mainly between RMB 11,850-11,870/mt in Shanghai, discounts of RMB 100-120/mt over September aluminum on the SHFE, versus RMB 11,850-11,870/mt in Wuxi and RMB 11,860/mt in Hangzhou. Traders were active in the market, but downstream buyers showed little buying interest, causing spot discounts to widen.  




Al price
Shanghai aluminum prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news