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East China Aluminum Prices Follow SHFE Aluminum Down (Nov. 19, 2015)
Nov 19, 2015 14:01Source:SMM
In east China spot aluminum market, downstream producers took a wait-and-see stance after SHFE aluminum fell to RMB 9,930/mt.
SHANGHAI, Nov. 19 (SMM) – In east China spot aluminum market, downstream producers took a wait-and-see stance after SHFE aluminum fell to RMB 9,930/mt. This forced sellers to cut offers. Prices were mainly between RMB 9,820-9,840/mt in Shanghai on Thursday, discount of RMB 130-110/mt over SHFE 1512 aluminum, versus RMB 9,820-9,840/mt in Wuxi and RMB 9,840-9,830/mt in Hangzhou.
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