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East China Aluminum Prices Rise in Brisk Trading (Sept. 14, 2015)

Published: Sep 14, 2015 16:59
Aluminum prices were mainly between RMB 11,880-11,890/mt in Shanghai on Monday, discounts of RMB 50-40/mt over SHFE 1509 aluminum.

SHANGHAI, Sept. 14 (SMM) –Aluminum prices were mainly between RMB 11,880-11,890/mt in Shanghai on Monday, discounts of RMB 50-40/mt over SHFE 1509 aluminum, versus RMB 11,870-11,900/mt in Wuxi and RMB 11,870-11,890/mt in Hangzhou. Processors began stockpiling cargos for upcoming Chinese National Day holiday. This, plus nearing delivery of SHFE 1509 contract, left trading activity brisk. Suppliers thus hiked offers.  




   


Al priceShanghai aluminum prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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East China Aluminum Prices Rise in Brisk Trading (Sept. 14, 2015) - Shanghai Metals Market (SMM)