South China Aluminum: Prices Edge Up, Selling Interest Low-Shanghai Metals Market

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South China Aluminum: Prices Edge Up, Selling Interest Low

SMM Insight 04:54:02PM Jul 19, 2012 Source:SMM

SHANGHAI, Jul. 19 (SMM) – SHFE aluminum prices moved up Thursday, driving spot aluminum prices in South China up to RMB 15,450-15,470/mt. Cargo holders were less willing to move goods in the afternoon due to continued rise in aluminum prices. However, downstream buying interest remained low, limiting transactions in the market.

Key Words:  aluminum price   spot aluminum 

South China Aluminum: Prices Edge Up, Selling Interest Low

SMM Insight 04:54:02PM Jul 19, 2012 Source:SMM

SHANGHAI, Jul. 19 (SMM) – SHFE aluminum prices moved up Thursday, driving spot aluminum prices in South China up to RMB 15,450-15,470/mt. Cargo holders were less willing to move goods in the afternoon due to continued rise in aluminum prices. However, downstream buying interest remained low, limiting transactions in the market.

Key Words:  aluminum price   spot aluminum