Home / Metal News / South China Aluminum: Purchases Rare Due to Sluggish Consumption

South China Aluminum: Purchases Rare Due to Sluggish Consumption

iconAug 3, 2011 14:59
Source:SMM
SHANGHAI, Aug. 3 (SMM) – As SHFE aluminum prices gained despite falling of other metals prices, spot aluminum prices in south China rose by RMB 120/mt

SHANGHAI, Aug. 3 (SMM) – As SHFE aluminum prices gained despite falling of other metals prices, spot aluminum prices in south China rose by RMB 120/mt in response. Mainstream traded prices in the area were between RMB 18,840-18,860/mt. However, sluggish downstream consumption gradually dragged mainstream traded prices lower. Though goods holders increased supplies, purchases were rarely reported, and market transactions were limited as a result.


Copyright © SMM. All Rights Reserved.

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

aluminum price
aluminum Al

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news