SHANGHAI, May 17 (SMM) – On Thursday, the rebound of Shanghai index drove SHFE 1208 aluminum prices to increase after opening lower and to fluctuate above the RMB 16,000/mt. Spot aluminum prices in Nanhai were between RMB 16,130-16,150/mt. The decline of inventories in Nanhai was due mainly to fewer arrivals, and consumption downstream did not improve, further dampening transactions in spot market.
South China Aluminum: Trading Becomes Quieter with Spot Prices Remaining Firm
Key Words: aluminum price South China
