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South China Aluminum: Low Trading Enthusiasm Leads to Muted Transactions
Dec 26,2011 15:55CST
smm insight
Source:SMM
The most active SHFE aluminum prices fluctuated narrowly around moving averages and trading enthusiasm was low in the market on Monday.

SHANGHAI, Dec. 26 (SMM) – The most active SHFE aluminum prices fluctuated narrowly around moving averages and trading enthusiasm was low in the market on Monday. Accordingly, in spot markets in South China, cargo holders only sold goods in limited amount, while downstream purchases did not improve. With both sides staying away from markets, mainstream transactions were done at RMB 16,010-16,030/mt. Transactions were quiet on the whole.
 

aluminum prices
South China

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