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

Hot Keywords

  • Zinc
  • Aluminium
  • Inventory data
  • Futures movement
  • Silicon
  • Copper
  • Prebaked anode
  • NEV
  • Lead
  • Evening comments
  • Nickel
  • MMi Iron Ore Port Index
  • New Energy Vehicle
  • Production data
  • Market commentary

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 

Price

more
Gold(99.99%)
Apr.18
278.1
-1.5
(-0.54%)
Gold(99.95%)
Apr.18
278.6
-0.9
(-0.33%)
#1 Silver(99.99%)
Apr.18
3501.0
0.0
(0.00%)
Silver(99.95%)
Apr.18
3486.0
0.0
(0.00%)
Silver(99.90%)
Apr.18
3471.0
0.0
(0.00%)

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