SHANGHAI, Aug. 14 (SMM) – Downstream producers entered into east China spot market after SHFE 1708 aluminum fell over 200 yuan/tonne on Monday morning.
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Sellers became unwilling to sell after declines in SHFE aluminum, while traders showed modest willingness to buy, SMM found.
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Mainstream traded prices were 15,520-15,540 yuan/tonne in Shanghai, 15,520-15,540 yuan/tonne in Wuxi, and 15,560-15,580 yuan/tonne in Hangzhou.
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