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Home / Metal News / Spot Discounts Narrow Sharply in East China Aluminum Market, SMM Reports

Spot Discounts Narrow Sharply in East China Aluminum Market, SMM Reports

Sep 7, 2017 13:33

Source:SMM

Spot discounts narrowed at a faster pace in east China spot aluminum market on Thursday.

SHANGHAI, Sept. 7 (SMM) – Spot discounts narrowed at a faster pace in east China spot aluminum market on Thursday.

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Overall trading activity softened.

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Mainstream traded prices were 16,090-16,110 yuan/tonne in Shanghai, discounts of 100-90 yuan/tonne over SHFE 1709 aluminum, versus 16,090-16,110 yuan/tonne in Wuxi and 16,100-16,120 yuan/tonne in Hangzhou.

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SHFE aluminum prices

aluminum prices

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SHFE 1605 aluminum opened at RMB 11,760/mt on Thursday.

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Spot Discounts Narrow Sharply in East China Aluminum Market, SMM Reports

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