East China Aluminum Prices Fall on Growing Supply (Sept. 7, 2015)-Shanghai Metals Market

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East China Aluminum Prices Fall on Growing Supply (Sept. 7, 2015)

Price Review & Forecast 01:35:42PM Sep 07, 2015 Source:SMM

SHANGHAI, Sept. 7 (SMM) –Aluminum prices were mainly between RMB 11,740-11,750/mt in Shanghai on Monday, discounts of RMB 50-40/mt over SHFE 1509 aluminum, versus RMB 11,730-11,750/mt in Wuxi and RMB 11,730-11,740/mt in Hangzhou. Growing arrivals after the 3-day holiday, combined with tepid buying, sent prices down.  



   


East China Aluminum Prices Fall on Growing Supply (Sept. 7, 2015)

Price Review & Forecast 01:35:42PM Sep 07, 2015 Source:SMM

SHANGHAI, Sept. 7 (SMM) –Aluminum prices were mainly between RMB 11,740-11,750/mt in Shanghai on Monday, discounts of RMB 50-40/mt over SHFE 1509 aluminum, versus RMB 11,730-11,750/mt in Wuxi and RMB 11,730-11,740/mt in Hangzhou. Growing arrivals after the 3-day holiday, combined with tepid buying, sent prices down.