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East China Aluminum Prices Rebound After Continuous Falls (Oct. 27, 2015)

iconOct 27, 2015 16:12
Source:SMM
In east China spot aluminum market, suppliers continued holding back goods.

SHANGHAI, Oct. 27 (SMM) –In east China spot aluminum market, suppliers continued holding back goods. Traders and some downstream producers showed higher buying interest. When combined with rising SHFE aluminum, spot prices rebounded. Prices were mainly between RMB 10,340-10,370/mt in Shanghai, discount of RMB 170-150/mt over SHFE 1511 aluminum, versus RMB 10,340-10,370/mt in Wuxi, and RMB 10,350-10,370/mt in Hangzhou.   



   


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Shanghai aluminum prices

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