Stainless Steel Pipe Fittings

Post-Holiday Aluminum Demand in East China Improves (Jan. 5, 2015)

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Spot aluminum largely traded between RMB 12,860-12,870/mt in Shanghai and Wuxi, premiums of RMB 20-30/mt over SHFE 1501 aluminum contract, versus RMB 12,880-12,890/mt in Hangzhou. SHFE 1501 aluminum contract fell to RMB 12,840/mt, but this did not trigger panic selling in physical market as no large-scale shipments arrived over the three-day holiday. Processors showed higher buying interest since pre-holiday stocking was limited.

Zhejiang Yaang Pipe Industry Co., Limited

Article Categories:
Aluminum · Metals

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