Home / Metal News / Copper / South China Aluminum: Prices Continue to Fall, Sellers and Buyers Still on Sidelines
South China Aluminum: Prices Continue to Fall, Sellers and Buyers Still on Sidelines
May 15,2012 14:43CST
smm insight
Source:SMM
SHFE aluminum prices continued to fall for the seventh day on Tuesday, dragging down spot prices.

SHANGHAI, May 15 (SMM) – SHFE aluminum prices continued to fall for the seventh day on Tuesday, dragging down spot prices. Spot prices in South China hovered above RMB 16,100/mt since SHFE aluminum prices were relatively resilient compared with other metals. However, buying interest downstream remained weak, leaving few transactions done. Mainstream traded prices were between RMB 16,100-16,120/mt. Both sellers and buyers stayed out of the market with strong wait-and-see mood.

SHFE aluminum. 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