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South China Aluminum: Buying Interest Declines on Higher Prices
May 25,2012 16:11CST
smm insight
Source:SMM
On Friday, the most active SHFE aluminum contract prices failed to rise above RMB 16,000/mt in the morning

SHANGHAI, May 25 (SMM) – On Friday, the most active SHFE aluminum contract prices failed to rise above RMB 16,000/mt in the morning, depressing spot market. In South China, spot aluminum prices hovered around RMB 16,100/mt. Buyers downstream were not willing to purchase at high prices, while cargo holders were reluctant to sell at low prices, with both buyers and sellers staying out of the market. Replenishments were also limited ahead of the weekend.

aluminum price
South China

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