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East China Aluminum Sales Remain Tepid (Jun. 17, 2015)

Spot aluminum mainly quoted at RMB 12,580-12,590/mt, a RMB 80-90/mt discount against SHFE 1507 aluminum contract price. Mainstream prices were RMB 12,570-12,590/mt in Wuxi and RMB 12,600-12,620/mt in Hangzhou. Cargo holders rushed to sell whereas downstream buyers showed little buying interest, leaving ...

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Soft Demand Leaves Physical Aluminum Trading Modest in East China (Oct. 8, 2014)

The SHFE 1410 aluminum contract hovered narrowly around the RMB 14,000/mt mark during the morning trading session, meeting resistance at the 5-day and 10-day moving averages. Physical aluminum in Shanghai traded Wednesday largely between RMB 13,980-14,000/mt, a RMB 0-20/mt discount to the ...

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