South China Aluminum: Inquiries Rarely Reported, Transactions Remain Quiet-Shanghai Metals Market

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South China Aluminum: Inquiries Rarely Reported, Transactions Remain Quiet

SMM Insight 05:46:44PM Feb 08, 2012 Source:SMM

SHANGHAI, Feb 8 (SMM) – Domestic consumption remained sluggish on Wednesday. In South China, spot aluminum inventories rose above 200,000 mt, depressing aluminum markets. As a result, SHFE aluminum prices failed to rebound, and spot aluminum prices fell accordingly. Mainstream transactions were traded between RMB 15,850-15,880/mt. Downstream purchases were rarely reported, leaving trading market quiet.

Key Words:  South China   aluminum price 

South China Aluminum: Inquiries Rarely Reported, Transactions Remain Quiet

SMM Insight 05:46:44PM Feb 08, 2012 Source:SMM

SHANGHAI, Feb 8 (SMM) – Domestic consumption remained sluggish on Wednesday. In South China, spot aluminum inventories rose above 200,000 mt, depressing aluminum markets. As a result, SHFE aluminum prices failed to rebound, and spot aluminum prices fell accordingly. Mainstream transactions were traded between RMB 15,850-15,880/mt. Downstream purchases were rarely reported, leaving trading market quiet.

Key Words:  South China   aluminum price