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East China Aluminum Prices Show Signs of Stopping Falling (Oct. 26, 2015)

iconOct 26, 2015 15:50
Source:SMM
In east China spot aluminum market, suppliers released fewer goods into the market, and downstream buying picked up.

SHANGHAI, Oct. 26 (SMM) –In east China spot aluminum market, suppliers released fewer goods into the market, and downstream buying picked up. This allowed prices to fall slower and narrowed spot discounts. Prices were mainly between RMB 10,280-10,300/mt in Shanghai, discount of RMB 180-160/mt over SHFE 1511 aluminum, versus RMB 10,260-10,300/mt in Wuxi, and RMB 10,260-10,270/mt in Hangzhou.   



    


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