Aluminum Spot aluminum traded between RMB 15,970-16,000/mt in Shanghai, at discounts of RMB 0-40/mt over the SHFE current-month aluminum price. The current-month contract stayed near RMB 16,000/mt despite heading down of other contracts. Some SHFE-approved aluminum ingots were traded at the current-month futures price as their holders stick to the RMB 16,000/mt mark. Trading stayed quite light, though, ahead of the Qingming Festival. |
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