Non-ferrous
PriceNewsPublicationDatabaseEventsConsultingNon-ferrous
Base metals
Minor metals
Precious metals
Scrap metals
Rare earth
News
Home / Metal News / Copper / South China Aluminum: Mainstream Trading Prices Fall with Low Buying Interest
South China Aluminum: Mainstream Trading Prices Fall with Low Buying Interest
Aug 30,2011 14:51
CSTsmm insight
Source:SMM
Buying interest downstream was low due to weak consumption and capital pressure at month’s end, with mainstreaming trading prices dragged down to RMB 17,940-17,980/mt.
SHANGHAI, Aug. 30 (SMM) – Spot aluminum supply was sufficient in south China today, but buying interest downstream was low due to weak consumption and capital pressure at month’s end, with mainstreaming trading prices dragged down to RMB 17,940-17,980/mt. The weak demand also kept resistance at RMB 18,000/mt strong and limited spot aluminum prices’ ability to follow movement of SHFE aluminum prices. Overall market transactions were limited.
aluminum price
aluminum Al
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
One Alumina Plant in Chongqing to Increase Output on Price Rises
One alumina producer in Chongqing decided to grow production in the face of strong price gains, Shanghai Metals Market learns.
Aug 29, 2017 17:37CST
Rio’s Pacific Aluminium May Fetch $2 Billion, Macquarie Says
At current spot prices, the smelters generate strong cash flow.
Aug 15, 2017 13:54CST
Malaysia Extends Bauxite Mining Ban by Three Months
Malaysia announced on Thursday to extend the ban on bauxite mining by another three months.
Dec 22, 2016 15:24CST
December Aluminum Price Forecast: Extrusion, Auto Markets Providing Hope
The aluminum industry has seen its fair share of ups and downs in 2015.
Dec 4, 2015 18:26CSTMOST POPULAR
data analysis
price review forecast
industry news
China Metals Market
Back to old version
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Copyright © 2020 SMM Information & Technology Co, Ltd. All rights reserved.