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South China Aluminum: Transactions Remain Modest
May 29,2012 17:23CST
smm insight
Source:SMM
The most active SHFE aluminum price failed to rise up due to a lack of upward momentum.

SHANGHAI, May 29 (SMM) – The most active SHFE aluminum price failed to rise up due to a lack of upward momentum. In South China, buying interest remained low by month’s end, but cargo holders were eager to sell due to cash needs. Mainstream traded prices were between RMB 16,120-16,140/mt and transactions were quiet.

aluminum price
South China

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