East China Aluminum Prices Fall Sharply amid Thin Trading (Sept. 29, 2015)-Shanghai Metals Market

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East China Aluminum Prices Fall Sharply amid Thin Trading (Sept. 29, 2015)

Price Review & Forecast 04:11:15PM Sep 29, 2015 Source:SMM

SHANGHAI, Sept. 29 (SMM) – Prices in east China spot aluminum market fell sharply on Tuesday, tracking SHFE aluminum. Prices were mainly between RMB 11,630-11,650/mt in Shanghai, Wuxi and Hangzhou, discounts of RMB 0-10/mt and premiums of RMB 0-10/mt over SHFE 1510 aluminum. Sellers rushed to sell, but most downstream buyers have completed pre-holiday stocking.     




   


East China Aluminum Prices Fall Sharply amid Thin Trading (Sept. 29, 2015)

Price Review & Forecast 04:11:15PM Sep 29, 2015 Source:SMM

SHANGHAI, Sept. 29 (SMM) – Prices in east China spot aluminum market fell sharply on Tuesday, tracking SHFE aluminum. Prices were mainly between RMB 11,630-11,650/mt in Shanghai, Wuxi and Hangzhou, discounts of RMB 0-10/mt and premiums of RMB 0-10/mt over SHFE 1510 aluminum. Sellers rushed to sell, but most downstream buyers have completed pre-holiday stocking.