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EventsConsultingHome / Metal News / Precious Metals / Spot Discounts Widen in East China Aluminum Market after Delivery Date (Sept. 16, 2015)
Spot Discounts Widen in East China Aluminum Market after Delivery Date (Sept. 16, 2015)
Sep 16, 2015 13:45
CSTSource:SMM
Market sentiment was a little bit bearish in east China spot aluminum market on Wednesday.
SHANGHAI, Sept. 16 (SMM) – Market sentiment was a little bit bearish in east China spot aluminum market on Wednesday. Sellers were eager to sell, while downstream buyers restocked only to need. Prices were mainly between RMB 11,825-11,835/mt in Shanghai, discounts of RMB 55-45/mt over SHFE 1510 aluminum, versus RMB 11,820-11,840/mt in Wuxi and RMB 11,820-11,830/mt in Hangzhou.
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