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East China Aluminum Market Turns Quiet After Prices Surge (Sept. 1, 2014)

Spot aluminum largely traded at RMB 14,480-14,500/mt in Shanghai on Monday, a discount of RMB 10/mt over SHFE 1409 aluminum contract, versus RMB 14,510-14,520/mt in Wuxi and RMB 14,500/mt in Hangzhou. SHFE 1409 aluminum contract surged to 14,625/mt near lunchtime, pushing sellers ...

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