South China Aluminum: Downstream Buyers Replenish at Low Prices-Shanghai Metals Market

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South China Aluminum: Downstream Buyers Replenish at Low Prices

SMM Insight 04:32:17PM May 02, 2012 Source:SMM

SHANGHAI, May 2 (SMM) – The most active SHFE aluminum price stabilized at RMB 16,200/mt and moved up narrowly on Wednesday, promoting spot prices in South China to continued rising. Cargo holders held prices at RMB 16,160/mt. Downstream enterprises only purchased at low prices and transactions turned quiet as aluminum prices rose to RMB 16,180/mt.

Key Words:  aluminum price   South China 

South China Aluminum: Downstream Buyers Replenish at Low Prices

SMM Insight 04:32:17PM May 02, 2012 Source:SMM

SHANGHAI, May 2 (SMM) – The most active SHFE aluminum price stabilized at RMB 16,200/mt and moved up narrowly on Wednesday, promoting spot prices in South China to continued rising. Cargo holders held prices at RMB 16,160/mt. Downstream enterprises only purchased at low prices and transactions turned quiet as aluminum prices rose to RMB 16,180/mt.

Key Words:  aluminum price   South China