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East China Aluminum Prices Largely Stable, Trading Thin (Sept. 21, 2015)
SHANGHAI, Sept. 21 (SMM) – In east China spot aluminum market, sellers held offers firm, expecting processors to stockpile goods for upcoming holiday. Downstream buyers bought only as needed. Prices were mainly between RMB 11,880-11,900/mt in Shanghai, discounts of RMB 50-30/mt over SHFE 1510 aluminum, versus RMB 11,880-11,900/mt in Wuxi and RMB 11,870-11,880/mt in Hangzhou.
East China Aluminum Prices Largely Stable, Trading Thin (Sept. 21, 2015)
SHANGHAI, Sept. 21 (SMM) – In east China spot aluminum market, sellers held offers firm, expecting processors to stockpile goods for upcoming holiday. Downstream buyers bought only as needed. Prices were mainly between RMB 11,880-11,900/mt in Shanghai, discounts of RMB 50-30/mt over SHFE 1510 aluminum, versus RMB 11,880-11,900/mt in Wuxi and RMB 11,870-11,880/mt in Hangzhou.
