East China Aluminum Prices Continue Falling, Spot Discounts Widen Further (Oct. 22, 2015)

Oct 22, 2015 13:07

Source:SMM

SHFE 1511 aluminum fell to RMB 10,750/mt on Thursday morning.

SHANGHAI, Oct. 22 (SMM) – SHFE 1511 aluminum fell to RMB 10,750/mt on Thursday morning. With prices showing no signs of stopping falling, downstream buyers in east China spot aluminum market continued taking wait-and-see stance. Deals were made mainly between traders. Prices were mainly between RMB 10,600-10,620/mt in Shanghai, discount of RMB 140-180/mt over SHFE 1511 aluminum, versus RMB 10,600-10,620/mt in Wuxi, and RMB 10,590-10,610/mt in Hangzhou.

Al price

Shanghai aluminum prices

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East China Aluminum Prices Continue Falling, Spot Discounts Widen Further (Oct. 22, 2015)

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