Home / Metal News / Lead / South China Aluminum: Buying Interest Improves at Low Prices
South China Aluminum: Buying Interest Improves at Low Prices
Jun 12,2012 16:25CST
smm insight
Source:SMM
The most active SHFE aluminum contract price opened lower Tuesday and rose narrowly later, helping pare back declines in spot aluminum prices.

SHANGHAI, Jun. 12 (SMM) – The most active SHFE aluminum contract price opened lower Tuesday and rose narrowly later, helping pare back declines in spot aluminum prices. In South China, traded prices for mainstream transactions were between RMB 16,010-16,030/mt. Buying interest downstream improved when prices stayed low with transactions done at RMB 16,010/mt increased. However, buyers were unwilling to purchase at higher prices, leaving trading modest.
 

spot aluminum
aluminum price

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news