Trading Turns Brisk in East China Aluminum Market (Sept. 11, 2015)-Shanghai Metals Market

Hot Keywords

  • Copper
  • Production data
  • 2019 South China Metals Summit
  • Zinc
  • Inventory data
  • Market commentary
  • Macroeconomics
  • Sales data
  • Aluminium
  • trend forecast
  • iron ore
  • Operation update
  • MMi Iron Ore Port Index
  • Lithium hydroxide
  • Futures movement

Trading Turns Brisk in East China Aluminum Market (Sept. 11, 2015)

Price Review & Forecast 03:28:32PM Sep 11, 2015 Source:SMM

SHANGHAI, Sept. 11 (SMM) –Aluminum prices were mainly between RMB 11,830-11,850/mt in Shanghai on Friday, discounts of RMB 70-50/mt over SHFE 1509 aluminum, versus RMB 11,830-11,850/mt in Wuxi and RMB 11,820-11,840/mt in Hangzhou. Processors replenished stocks before the weekend, and traders were active in buying due to upcoming delivery date of SHFE 1509 aluminum. Trading turned brisk in Shanghai and Wuxi. 



  


Trading Turns Brisk in East China Aluminum Market (Sept. 11, 2015)

Price Review & Forecast 03:28:32PM Sep 11, 2015 Source:SMM

SHANGHAI, Sept. 11 (SMM) –Aluminum prices were mainly between RMB 11,830-11,850/mt in Shanghai on Friday, discounts of RMB 70-50/mt over SHFE 1509 aluminum, versus RMB 11,830-11,850/mt in Wuxi and RMB 11,820-11,840/mt in Hangzhou. Processors replenished stocks before the weekend, and traders were active in buying due to upcoming delivery date of SHFE 1509 aluminum. Trading turned brisk in Shanghai and Wuxi.