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East China Aluminum Prices Fall Slower (Oct. 19, 2015)
Oct 19,2015 15:49CST
SMM Comments
Source: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.

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. 



   


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