Home / Metal News / Nickel / South China Aluminum: Transactions Limited with Sellers and Buyers Staying Out of Market
South China Aluminum: Transactions Limited with Sellers and Buyers Staying Out of Market
May 9,2012 13:50CST
smm insight
Source:SMM
SHFE aluminum prices continued to drop for the third day below RMB 16,200/mt Wednesday.

SHANGHAI, May 9 (SMM) – SHFE aluminum prices continued to drop for the third day below RMB 16,200/mt Wednesday. Although spot prices in South China were relatively resilient due to the decreasing inventories, enterprises downstream were not willing to purchase on bearish sentiment, with mainstream transactions made between RMB 16,190-16,210/mt. Trading was light as sellers and buyers both stayed out of the market.

aluminum price
South China

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