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EventsConsultingHome / Metal News / Zinc / Aluminum Demand Picks Up in East China Before 3-Day Holiday (Aug. 31, 2015)
Aluminum Demand Picks Up in East China Before 3-Day Holiday (Aug. 31, 2015)
Aug 31,2015 17:21
CSTSMM Comments
Source:SMM
Aluminum prices were mainly between RMB 11,790-11,800/mt in Shanghai on Monday, discounts of RMB 60-70/mt over September aluminum on the SHFE.
SHANGHAI, Aug. 31 (SMM) –Aluminum prices were mainly between RMB 11,790-11,800/mt in Shanghai on Monday, discounts of RMB 60-70/mt over September aluminum on the SHFE, versus RMB 11,790-11,810/mt in Wuxi and RMB 11,790-11,800/mt in Hangzhou. Demand picked up before the upcoming three-day holiday. Non-deliverable goods traded around RMB 11,800/mt, while deliverable goods traded at discounts of RMB 10-30/mt over SHFE 1509 aluminum.
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