South China Aluminum: Spot Premiums Narrowed, Selling Interest Improved

Dec 6, 2011 14:47

The most active SHFE aluminum prices remained weak with the pressure at RMB 16,200/mt.

SHANGHAI, Dec. 6 (SMM) – The most active SHFE aluminum prices remained weak with the pressure at RMB 16,200/mt. The depressed consumption in spot market in South China dragged spot aluminum prices down, with main transactions done at RMB 16,190-16,210/mt, close to spot prices in Shanghai. Selling interest among cargo holders improved due to negative outlook of market fundamentals. Traded prices fell down due to the weak downstream demand.

South China

Aluminum prices

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South China Aluminum: Spot Premiums Narrowed, Selling Interest Improved

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