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South China Aluminum: Market Transactions Sluggish on Limited Supply and Purchase

iconSep 1, 2011 16:45
Source:SMM
Mainstream trading prices of spot aluminum in south China were between RMB 17,960-17,980/mt. Market transactions were sluggish due to limited supply and purchase.

SHANGHAI, Sept. 1 (SMM) – After alleviation of capital pressure, goods holders’ selling interest at lower prices turned weak on Sept. 1st. Meanwhile, downstream consumption also remained weak, and market transactions were sluggish as a result of limited supply and purchase. Mainstream trading prices in the area were between RMB 17,960-17,980/mt during the day.

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