Brisk transactions keep spot aluminium prices unchanged-Shanghai Metals Market

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Brisk transactions keep spot aluminium prices unchanged

Price Review & Forecast 01:43:42PM Dec 05, 2018 Source:SMM

SHANGHAI, Dec 5 (SMM) – Across eastern markets on Wednesday December 5, traded prices of spot aluminium remained unchanged from the previous day and transactions between traders remained brisk, SMM research found.

The SHFE 1812 contract traded rangebound in morning trades. In Shanghai, spot discounts were heard at 50-40 yuan/mt, flat from Tuesday. Most transactions occurred at 13,650-13,660 yuan/mt in Shanghai and Wuxi and at 13,680-13,700 yuan/mt in Hangzhou.

Guangdong saw brisk trades in the morning, with most spot transactions occurring at 13,730-13,750 yuan/mt and the Guangdong-Shanghai spread at 80 yuan/mt.

Key Words:  Market commentary   Aluminium 

Price

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Aluminum Ingot
Apr.24
14150.0
-50.0
(-0.35%)
Alumina (Averaged)
Apr.24
2705.0
10.0
(0.37%)
Alumina-East
Apr.24
2710.0
10.0
(0.37%)
Alumina -Central
Apr.24
2710.0
10.0
(0.37%)
Alumina - North
Apr.24
2700.0
10.0
(0.37%)

Brisk transactions keep spot aluminium prices unchanged

Price Review & Forecast 01:43:42PM Dec 05, 2018 Source:SMM

SHANGHAI, Dec 5 (SMM) – Across eastern markets on Wednesday December 5, traded prices of spot aluminium remained unchanged from the previous day and transactions between traders remained brisk, SMM research found.

The SHFE 1812 contract traded rangebound in morning trades. In Shanghai, spot discounts were heard at 50-40 yuan/mt, flat from Tuesday. Most transactions occurred at 13,650-13,660 yuan/mt in Shanghai and Wuxi and at 13,680-13,700 yuan/mt in Hangzhou.

Guangdong saw brisk trades in the morning, with most spot transactions occurring at 13,730-13,750 yuan/mt and the Guangdong-Shanghai spread at 80 yuan/mt.

Key Words:  Market commentary   Aluminium