East China Aluminum Prices Fall further Below RMB 10,000/mt (Nov. 18, 2015)

Published: Nov 18, 2015 13:20

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In east China spot aluminum market, suppliers did not hold back goods even after prices fell below RMB 10,000/mt as they are bitten by year-end cash crunch.

SHANGHAI, Nov. 18 (SMM) – In east China spot aluminum market, suppliers did not hold back goods even after prices fell below RMB 10,000/mt as they are bitten by year-end cash crunch. Buying activity remained tepid. Prices were mainly between RMB 9,910-9,920/mt in Shanghai on Wednesday, discount of RMB 130-120/mt over SHFE 1512 aluminum, versus RMB 9,910-9,920/mt in Wuxi and RMB 9,920-9,930/mt in Hangzhou.

Al price Shanghai aluminum prices

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