East China Aluminum Prices Rise Above RMB 10,400/mt (Nov. 9, 2015)

SHANGHAI, Nov. 9 (SMM) – In east China spot aluminum market, prices followed SHFE aluminum up on Monday. Suppliers were eager to sell for fear that the rise will be short-lived, but buying was poor. Prices were mainly between RMB 10,410-10,420/mt in Shanghai, discount of RMB 130-140/mt over SHFE 1511 aluminum, versus RMB 10,410-10,430/mt in Wuxi and RMB 10,410-10,420/mt in Hangzhou.