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South China Aluminum: Consumption Declines with Completion of Replenishment
Jan 10,2012 15:31CST
smm insight
Source:SMM
Spot aluminum markets in South China showed much lower consumption on Tuesday.

SHANGHAI, Jan. 10 (SMM) – Spot aluminum markets in South China showed much lower consumption on Tuesday as most downstream enterprises have finished building stocks ahead of the Chinese New Year holiday. Lower buying interest abated upward room for spot prices in South China, with mainstream transactions done at RMB 16,020-16,050/mt. In the afternoon, as the most active SHFE aluminum rose, cargo holders were reluctant to move goods at lower prices. Thus, transactions were not as good as in previous trading day.

South China
aluminum prices

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