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South China Aluminum: Price Increases Limited with Strong Wait-and-See Sentiment
Mar 8,2012 17:23CST
smm insight
Source:SMM
On Thursday, the most active SHFE aluminum contract price fell after opening higher with transactions reducing sharply.

SHANGHAI, Mar. 8 (SMM) – On Thursday, the most active SHFE aluminum contract price fell after opening higher with transactions reducing sharply, limiting increases in spot prices. In South China, spot prices rose above RMB 15,900/mt, but downstream consumption remained depressed. Main transactions were done at RMB 15,900-15,920/mt. Both sellers and buyers were holding a wait-and-see attitude, leaving limited deals done.

South China
aluminum price

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