Metals News
South China Aluminum: Bullish Mood Abates, Dealers Actively Move Goods
smm insight
04:20PM
May 7,2012
Source:SMM

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
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