South China Aluminum: Price Stable, Trading Quiet-Shanghai Metals Market

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South China Aluminum: Price Stable, Trading Quiet

SMM Insight 03:26:25PM Jul 17, 2012 Source:SMM

SHANGHAI, Jul. 17 (SMM) – The most active SHFE aluminum price hovered around RMB 15,600/mt on Tuesday and failed to rise higher. In South China, spot aluminum prices held stable between RMB 15,460-15,480/mt. Cargo holders were aggressively moving goods but buying interest downstream was still weak, leaving transactions modest.

Key Words:  aluminum price   spot aluminum 

South China Aluminum: Price Stable, Trading Quiet

SMM Insight 03:26:25PM Jul 17, 2012 Source:SMM

SHANGHAI, Jul. 17 (SMM) – The most active SHFE aluminum price hovered around RMB 15,600/mt on Tuesday and failed to rise higher. In South China, spot aluminum prices held stable between RMB 15,460-15,480/mt. Cargo holders were aggressively moving goods but buying interest downstream was still weak, leaving transactions modest.

Key Words:  aluminum price   spot aluminum