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Home / Metal News / Precious Metals / South China Aluminum: Trading Improves, Prices Resistant to Declines
South China Aluminum: Trading Improves, Prices Resistant to Declines
Jun 1,2012 15:43
CSTsmm insight
Source:SMM
The most active SHFE aluminum contract price was resilient Friday.
SHANGHAI, Jun. 1 (SMM) – The most active SHFE aluminum contract price was resilient Friday, but met strong resistance at the RMB 16,000/mt. Spot market in Guangdong remained stable, but a few traders bought goods at higher prices, driving market quotations up, with mainstream traded prices between RMB 16,070-16,100/mt. Transactions improved slightly early in the month.
aluminum price
South China
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