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South China Aluminum: Transactions Slightly Rise with Futures Rally
Sep 7,2011 14:34CST
smm insight
Source:SMM
Mainstream trading prices of spot aluminum in south China slightly climbed to RMB 17,900-17,920/mt. Market transactions also showed a slight increase during the day.

SHANGHAI, Sept. 7 (SMM) – Most active SHFE aluminum contract ended its 5-day loss with higher opening prices and later gains on September 7th, and goods holders in south China kept their quotes firm at above RMB 17,900/mt. Remaining weak consumption, however, limited spot price gains, with mainstream trading prices only slightly climbed to RMB 17,900-17,920/mt. Market transactions showed a slight increase during the day.
 

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