Home / Metal News / East China Aluminum Prices Fall Slower (Oct. 19, 2015)

East China Aluminum Prices Fall Slower (Oct. 19, 2015)

iconOct 19, 2015 15:49
Sellers in east China spot aluminum market became less anxious to move goods on Monday as SHFE aluminum stabilized around RMB 11,200/mt mark.

SHANGHAI, Oct. 19 (SMM) – Sellers in east China spot aluminum market became less anxious to move goods on Monday as SHFE aluminum stabilized around RMB 11,200/mt mark. Poor buying downstream caused prices to continue falling, but at slower pace. Prices were mainly between RMB 11,120-11,140/mt in Shanghai, discount of RMB 100-80/mt over SHFE 1511 aluminum, versus RMB 11,110-11,140/mt in Wuxi, and RMB 11,120-11,130/mt in Hangzhou. 



   


Al price
Shanghai aluminum prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news