SHANGHAI, Aug. 10 (SMM) – Most active SHFE aluminum contract prices opened 3% higher on August 10th, and struggled at RMB 17,500/mt in the morning session, pushing back spot aluminum prices in south China to above RMB 18,000/mt. Mainstream trading prices were between RMB 18,150-18,190/mt. Goods holders were unwilling to sell due to limited supply, and market supplies turned scarce despite reduced downstream purchases compared with previous day. Market sentiment was active.
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: email@example.com