Stainless Steel Pipe Fittings

Aluminum Prices in East China Continue Falling as Bearishness Persists (Jan. 7, 2015)

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Spot aluminum largely traded between RMB 12,730-12,750/mt in Shanghai on Wednesday, premiums of RMB 30-40/mt over SHFE 1501 aluminum contract, versus RMB 12,720-12,740/mt in Wuxi and RMB 12,760-12,770/mt in Hangzhou. SHFE 1501 aluminum contract fell to RMB 12,710/mt, prompting some sellers to cut offers. Buyers stayed out of the market, waiting for prices to fall further.

Zhejiang Yaang Pipe Industry Co., Limited

Article Categories:
Aluminum · Metals

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