Spot Discounts Narrow Further in East China Aluminum Market on Pre-holiday Stocking (Sept. 24, 2015)-Shanghai Metals Market

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Spot Discounts Narrow Further in East China Aluminum Market on Pre-holiday Stocking (Sept. 24, 2015)

Price Review & Forecast 12:25:35PM Sep 24, 2015 Source:SMM

SHANGHAI, Sept. 24 (SMM) – Downstream buyers in east China spot aluminum market continued stockpiling goods for upcoming week-long holiday. This allowed spot discounts to narrow further to RMB 30-10/mt over SHFE 1510 aluminum. Prices were mainly between RMB 11,750-11,770/mt in Shanghai, versus RMB 11,750-11,770/mt in Wuxi and RMB 11,740-11,750/mt in Hangzhou.   





Spot Discounts Narrow Further in East China Aluminum Market on Pre-holiday Stocking (Sept. 24, 2015)

Price Review & Forecast 12:25:35PM Sep 24, 2015 Source:SMM

SHANGHAI, Sept. 24 (SMM) – Downstream buyers in east China spot aluminum market continued stockpiling goods for upcoming week-long holiday. This allowed spot discounts to narrow further to RMB 30-10/mt over SHFE 1510 aluminum. Prices were mainly between RMB 11,750-11,770/mt in Shanghai, versus RMB 11,750-11,770/mt in Wuxi and RMB 11,740-11,750/mt in Hangzhou.