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

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

Price Review & Forecast 01:20:59PM Sep 25, 2015 Source:SMM

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.    




   


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

Price Review & Forecast 01:20:59PM Sep 25, 2015 Source:SMM

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.