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South China Aluminum: Post-festival Buying Interest Low, Transactions Rare
Sep 13,2011 16:20CST
smm insight
Source:SMM
Mainstream traded prices in the region were between RMB 17,880-17,900/mt. Market transactions were rarely seen.

SHANGHAI, Sept. 13 (SMM) – Weak SHFE aluminum prices following a lower opening, combined with stock building before the Mid-Autumn Festival among downstream processors, led to the low buying interest in South China spot aluminum markets, thereby keeping spot aluminum prices below RMB 17,900/mt. Mainstream traded prices in the region were between RMB 17,880-17,900/mt. Market transactions were rarely seen.

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