South China Aluminum: Downstream Buyers Purchase As Needed-Shanghai Metals Market

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South China Aluminum: Downstream Buyers Purchase As Needed

SMM Insight 04:27:56PM Jun 20, 2012 Source:SMM

SHANGHAI, Jun. 20 (SMM) – The most active SHFE aluminum contract price edged up after falling initially on Wednesday. In South China, market sentiments remained depressed and mainstream traded prices were between RMB 15,880-15,900/mt. Downstream buyers only purchased as needed despite the upcoming holiday. In the afternoon, wait-and-see sentiment prevailed in the market.

Key Words:  aluminum price   spot aluminum 

South China Aluminum: Downstream Buyers Purchase As Needed

SMM Insight 04:27:56PM Jun 20, 2012 Source:SMM

SHANGHAI, Jun. 20 (SMM) – The most active SHFE aluminum contract price edged up after falling initially on Wednesday. In South China, market sentiments remained depressed and mainstream traded prices were between RMB 15,880-15,900/mt. Downstream buyers only purchased as needed despite the upcoming holiday. In the afternoon, wait-and-see sentiment prevailed in the market.

Key Words:  aluminum price   spot aluminum