South China Aluminum: Transactions Mainly Made at Midday

SMM Insight 05:25:40PM Feb 17, 2012 Source:SMM

SHANGHAI, Feb. 17 (SMM) – On Friday, SHFE aluminum prices followed a weak track in the morning, dragging down spot prices in South China. Mainstream transactions were done between RMB 15,860-15,890/mt. Transactions were mainly made at noon, and wait-and-see sentiment dominated the market in the afternoon as futures prices fell after rising. Limited deals were done in general.

Key Words:  South China   aluminum price 

South China Aluminum: Transactions Mainly Made at Midday

SMM Insight 05:25:40PM Feb 17, 2012 Source:SMM

SHANGHAI, Feb. 17 (SMM) – On Friday, SHFE aluminum prices followed a weak track in the morning, dragging down spot prices in South China. Mainstream transactions were done between RMB 15,860-15,890/mt. Transactions were mainly made at noon, and wait-and-see sentiment dominated the market in the afternoon as futures prices fell after rising. Limited deals were done in general.

Key Words:  South China   aluminum price