East China Aluminum Price Rise Curbed by Growing Supply (Sept. 25, 2015)

SHANGHAI, Sept. 25 (SMM) – Sellers in east China spot aluminum market rushed to sell on Friday, limiting the upside room of prices. Prices were mainly between RMB 11,780-11,790/mt in Shanghai, discounts of RMB 10-20/mt over SHFE 1510 aluminum, versus RMB 11,780-11,790/mt in Wuxi and RMB 11,770-11,780/mt in Hangzhou. Some small and medium traders will exit the market next week as the week-long holiday is just around the corner.