East China Aluminum Prices Fall in Thin Trading (Sept. 10, 2015)-Shanghai Metals Market

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East China Aluminum Prices Fall in Thin Trading (Sept. 10, 2015)

Price Review & Forecast 02:11:39PM Sep 10, 2015 Source:SMM

SHANGHAI, Sept. 10 (SMM) –Aluminum prices were mainly between RMB 11,820-11,830/mt in Shanghai on Thursday, discounts of RMB 60-40/mt over SHFE 1509 aluminum, versus RMB 11,810-11,830/mt in Wuxi and RMB 11,820-11,830/mt in Hangzhou. Sellers held back after SHFE aluminum fell, and traders showed lower buying interest, leaving trading subdued. Downstream consumption remained sluggish.   



  


East China Aluminum Prices Fall in Thin Trading (Sept. 10, 2015)

Price Review & Forecast 02:11:39PM Sep 10, 2015 Source:SMM

SHANGHAI, Sept. 10 (SMM) –Aluminum prices were mainly between RMB 11,820-11,830/mt in Shanghai on Thursday, discounts of RMB 60-40/mt over SHFE 1509 aluminum, versus RMB 11,810-11,830/mt in Wuxi and RMB 11,820-11,830/mt in Hangzhou. Sellers held back after SHFE aluminum fell, and traders showed lower buying interest, leaving trading subdued. Downstream consumption remained sluggish.