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South China Aluminum: Spot Trading Light, High-priced Goods Unpopular
Jul 27,2012 16:20CST
smm insight
Source: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.

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

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