Home / Metal News / Precious Metals / South China Aluminum: Goods at Low Prices Rarely Seen, Pushing Prices up
South China Aluminum: Goods at Low Prices Rarely Seen, Pushing Prices up
Jan 6,2012 15:37CST
smm insight
Source:SMM
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

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news