South China Aluminum: Trading Turns Quiet against Higher Prices-Shanghai Metals Market

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South China Aluminum: Trading Turns Quiet against Higher Prices

SMM Insight 05:39:27PM Jun 18, 2012 Source:SMM

SHANGHAI, Jun. 18 (SMM) – SHFE aluminum prices moved up and rolled back earlier gains on Monday, limiting upward room for spot aluminum prices. In South China, transaction for spot aluminum remained quiet since downstream enterprises were reluctant to purchase, with mainstream traded prices at RMB 16,010/mt. Trading turned quiet at higher prices with only a few deals concluded at RMB 16,020/mt.

Key Words:  aluminum price   spot aluminum 

South China Aluminum: Trading Turns Quiet against Higher Prices

SMM Insight 05:39:27PM Jun 18, 2012 Source:SMM

SHANGHAI, Jun. 18 (SMM) – SHFE aluminum prices moved up and rolled back earlier gains on Monday, limiting upward room for spot aluminum prices. In South China, transaction for spot aluminum remained quiet since downstream enterprises were reluctant to purchase, with mainstream traded prices at RMB 16,010/mt. Trading turned quiet at higher prices with only a few deals concluded at RMB 16,020/mt.

Key Words:  aluminum price   spot aluminum