South China Aluminum: Trading Market Quiet with Strong Bearish Mood-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • NPI
  • Zinc
  • Macroeconomics
  • Production data
  • Market commentary
  • Morning comments
  • Aluminium
  • Copper
  • Stainless steel
  • Mengtai Group
  • hydrogen stations
  • Nickel
  • Futures movement
  • Iron ore

South China Aluminum: Trading Market Quiet with Strong Bearish Mood

SMM Insight 04:37:25PM May 22, 2012 Source:SMM

SHANGHAI, May 22 (SMM) – The most active SHFE aluminum price slumped on Tuesday, compounding the bearish mood in spot market. Purchases were few in South China market, while cargo holders were eager to sell goods for cash, dragging down spot prices, with mainstream transactions made between RMB 16,160-16,200/mt. Trading was quiet in general.

Key Words:  aluminum price   South China 

South China Aluminum: Trading Market Quiet with Strong Bearish Mood

SMM Insight 04:37:25PM May 22, 2012 Source:SMM

SHANGHAI, May 22 (SMM) – The most active SHFE aluminum price slumped on Tuesday, compounding the bearish mood in spot market. Purchases were few in South China market, while cargo holders were eager to sell goods for cash, dragging down spot prices, with mainstream transactions made between RMB 16,160-16,200/mt. Trading was quiet in general.

Key Words:  aluminum price   South China