Home / Metal News / Copper / South China Aluminum: Bullish Mood Abates, Dealers Actively Move Goods
South China Aluminum: Bullish Mood Abates, Dealers Actively Move Goods
May 7,2012 16:20CST
smm insight
Source:SMM
Both domestic commodities and global stock markets fell Monday due to the bleak global economy.

SHANGHAI, May 7 (SMM) – Both domestic commodities and global stock markets fell Monday due to the bleak global economy. Although SHFE aluminum prices remained relatively firm, the bullish mood in spot aluminum market abated. Cargo holders in South China move goods actively, while enterprises downstream were still cautious. Mainstream traded prices were lowered to between RMB 16,230-16,250/mt due to weak demand.

South China
aluminum price

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news