South China Aluminum: Goods at Low Prices Rarely Seen, Pushing Prices up

Jan 6, 2012 15:37

The most active SHFE aluminum contract prices hovered above RMB 15,900/mt with scant upward momentum on Friday.

SHANGHAI, Jan. 6 (SMM) – The most active SHFE aluminum contract prices hovered above RMB 15,900/mt with scant upward momentum on Friday. Goods at low prices were rarely seen in spot aluminum market in South China. Cargo holders were reluctant to move goods and raised quotations gradually. Meanwhile, downstream demand for replenishment also pushed the prices up to RMB 16,010-16,050/mt. Trading volumes decreased with aluminum prices moving up.

South China

aluminum prices

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South China Aluminum: Goods at Low Prices Rarely Seen, Pushing Prices up

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