Home / Metal News / South China Aluminum: Buyers on The Sidelines, Trading Quiet

South China Aluminum: Buyers on The Sidelines, Trading Quiet

iconJul 16, 2012 17:22
Source:SMM
SHFE aluminum prices failed to rise further after opening higher and surrendered earlier gains, depressing spot aluminum market.

SHANGHAI, Jul. 16 (SMM) – SHFE aluminum prices failed to rise further after opening higher on Monday and surrendered earlier gains, depressing spot aluminum market. In Guangdong, upward room for spot aluminum prices was limited, leaving mainstream traded prices between RMB 15,460-15,480/mt. Downstream buyers held a wait-and-see attitude, with limited deals done.
 

aluminum price
spot aluminum

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news