SHANGHAI, Sept. 13 (SMM) – Trading cooled down in east China spot aluminum market on Wednesday due to uncertainty over SHFE aluminum price trend.
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Traders lost buying interest, while downstream producers restocked as needed.
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Mainstream traded prices were 16,290-16,340 yuan/tonne in Shanghai, discounts of 110-90 yuan/tonne over SHFE 1709 aluminum, versus 16,290-16,340 yuan/tonne in Wuxi and 16,310-16,340 yuan/tonne in Hangzhou.
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