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Aluminum Demand Picks Up in East China (Jul. 3, 2015)

Spot aluminum largely traded between RMB 12,490-12,500/mt in Shanghai on Friday, discounts of RMB 90-100/mt over SHFE 1507 aluminum contract, versus RMB 12,480-12,490/mt in Wuxi, and RMB 12,510-12,520/mt in Hangzhou. Downstream demand picked up before the weekend, but ample supply prevented prices ...

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East China Aluminum Prices Down Further, Spot Discounts Widen (Jun. 25, 2015)

Spot aluminum largely traded between RMB 12,600-12,610/mt in Shanghai on Thursday, discounts of RMB 110-120/mt over SHFE 1507 aluminum contract, versus RMB 12,580-12,610/mt in Wuxi, and RMB 12,630-12,650/mt in Hangzhou. The inflow of hedged goods caused spot prices to fall. Spot discounts ...

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East China Aluminum Prices Extend Losses, Trading Up Slightly (Jun. 9, 2015)

SHFE 1506 aluminum contract fell further to RMB 12,815/mt on Tuesday, dragging spot aluminum in east China down. Spot aluminum largely traded between RMB 12,770-12,780/mt in Shanghai, discounts of RMB 50-60/mt over SHFE 1506 aluminum contract, versus RMB 12,750-12,770/mt in Wuxi, and ...

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East China Aluminum Prices Fall Further, Trading Muted (Jun. 8, 2015)

Spot aluminum largely traded between RMB 12,820-12,830/mt in Shanghai on Monday, discounts of RMB 50-60/mt over SHFE 1506 aluminum contract, versus RMB 12,800-12,820/mt in Wuxi, and RMB 12,850-12,860/mt in Hangzhou. Buyers sat tight as prices showed no signs of a turnaround. Zhejiang ...

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East China Aluminum Prices Rebound as Demand Picks Up (May 29, 2015)

Spot aluminum largely traded between RMB 12,970-12,980/mt in Shanghai on Friday, discounts of RMB 110-120/mt over SHFE 1506 aluminum contract, versus RMB 12,950-12,970/mt in Wuxi, and RMB 13,000-13,010/mt in Hangzhou. Market supply fell because more traders just finished delivery under term contracts. ...

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Spot Discounts in East China Aluminum Market Widen to RMB 140-160/mt (May 26, 2015)

Spot aluminum largely traded between RMB 13,000-13,020/mt in Shanghai on Tuesday, discounts of RMB 140-160/mt over SHFE 1506 aluminum contract, versus RMB 12,980-13,000/mt in Wuxi, and RMB 13,030-13,050/mt in Hangzhou. SHFE 1506 aluminum contract rebounded, but spot aluminum was resistant to rises, ...

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East China Aluminum Consumption Improves After Prices Fall (May 25, 2015)

Spot aluminum largely traded between RMB 13,000-13,020/mt in Shanghai on Monday, discounts of RMB 120-140/mt over SHFE 1506 aluminum contract, versus RMB 13,000-13,020/mt in Wuxi, and RMB 13,040-13,050/mt in Hangzhou. Some sellers rushed to sell against a pileup of inventories, sending prices ...

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East China Aluminum Prices Rise Slower than SHFE Aluminum (May 21, 2015)

Spot aluminum largely traded between RMB 13,030-13,050/mt in Shanghai on Thursday, discounts of RMB 140-160/mt over SHFE 1506 aluminum contract, versus RMB 13,020-13,040/mt in Wuxi, and RMB 13,070-13,080/mt in Hangzhou. Suppliers were eager to sell at highs after SHFE drifted higher. But ...

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East China Aluminum Prices Fall, Trading Thin (May 19, 2015)

Spot aluminum largely traded between RMB 13,040-13,050/mt in Shanghai on Tuesday, discounts of RMB 130-150/mt over SHFE 1506 aluminum contract, versus RMB 13,030-13,040/mt in Wuxi, and RMB 13,050-13,060/mt in Hangzhou. Holders of hedged goods became eager to sell after spot discounts narrowed, ...

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Falling China Aluminum Prices Improve Buying (May 12, 2015)

Spot aluminum in east China followed SHFE 1505 aluminum contract down on Tuesday. Mainstream traded prices were RMB 13,040-13,060/mt in Shanghai, discounts of RMB 150-170/mt over SHFE 1505 aluminum contract, versus RMB 13,020-13,050/mt in Wuxi, and RMB 13,060-13,070/mt in Hangzhou. Lower prices ...

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