Home / Metal News / South China Aluminum: Spot Trading Light, High-priced Goods Unpopular

South China Aluminum: Spot Trading Light, High-priced Goods Unpopular

iconJul 27, 2012 16:20
The most active SHFE aluminum opened higher and continued to rise to RMB 15,400/mt on July 27, helping spot aluminum in South China to climb to RMB 15,440-15,460/mt.

SHANGHAI, Jul. 27 (SMM) – The most active SHFE aluminum opened higher and continued to rise to RMB 15,400/mt on July 27, helping spot aluminum in South China to climb to RMB 15,440-15,460/mt. Cargo holders were eager to move goods as the month ends, but downstream buying was inactive before the weekend. Deals were rarely done at higher prices.
 

spot aluminum prices
South China
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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