East China Aluminum Price Decline Slows Down (Oct. 9, 2015)

Published: Oct 9, 2015 15:40
Aluminum prices continued falling in east China spot market on Friday, but at slower pace.

SHANGHAI, Oct. 9 (SMM) – Aluminum prices continued falling in east China spot market on Friday, but at slower pace. Sellers held back after SHFE aluminum rebounded, and downstream buying picked up slightly. Prices were mainly between RMB 11,480-11,520/mt in Shanghai and Wuxi, discounts of RMB 40-30/mt over SHFE 1510 aluminum, versus RMB 11,480-11,510/mt in Hangzhou.  



    


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
East China Aluminum Price Decline Slows Down (Oct. 9, 2015) - Shanghai Metals Market (SMM)