SHANGHAI, May 24 (SMM) – On Thursday, the most active SHFE aluminum price continued the weak trend, and spot prices in South China were under resistance at RMB 16,100/mt. Dealers, though actively selling due to cash needs, were not willing to move goods at low prices and held prices firmly at RMB 16,080/mt. Enterprises downstream rarely made purchases on bearish outlook, leaving transactions muted.
South China Aluminum: Prices Under Resistance, Buyers Rarely Purchase
Key Words: aluminum price South China
