South China Aluminum: Price Increases Limited by Weak Consumption-Shanghai Metals Market

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South China Aluminum: Price Increases Limited by Weak Consumption

SMM Insight 04:10:27PM May 21, 2012 Source:SMM

SHANGHAI, May 21 (SMM) – The most active SHFE aluminum prices rose above RMB 16,100/mt on Monday. Increases of spot prices in South China were limited due to low buying interest downstream. Mainstream prices hovered around RMB 16,200/mt, but a few traders eager for cash flow lowered quotations. Transactions were limited on the whole.
 

Key Words:  South China   aluminum price 

South China Aluminum: Price Increases Limited by Weak Consumption

SMM Insight 04:10:27PM May 21, 2012 Source:SMM

SHANGHAI, May 21 (SMM) – The most active SHFE aluminum prices rose above RMB 16,100/mt on Monday. Increases of spot prices in South China were limited due to low buying interest downstream. Mainstream prices hovered around RMB 16,200/mt, but a few traders eager for cash flow lowered quotations. Transactions were limited on the whole.
 

Key Words:  South China   aluminum price