Spot Discounts Widen in East China Aluminum Market after Delivery Date (Sept. 16, 2015)-Shanghai Metals Market

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Spot Discounts Widen in East China Aluminum Market after Delivery Date (Sept. 16, 2015)

Price Review & Forecast 01:45:26PM Sep 16, 2015 Source:SMM

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. 



   


Spot Discounts Widen in East China Aluminum Market after Delivery Date (Sept. 16, 2015)

Price Review & Forecast 01:45:26PM Sep 16, 2015 Source:SMM

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.