South China Aluminum: Selling Interest Low, Spot Trading Light-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Futures movement
  • MMi Iron Ore Port Index
  • Copper scrap
  • Nickel
  • Copper
  • Evening comments
  • Aluminium
  • Macroeconomics
  • Production data
  • Inventory data
  • Tin
  • Stainless steel
  • Market commentary
  • inventory

South China Aluminum: Selling Interest Low, Spot Trading Light

SMM Insight 02:39:52PM Aug 13, 2012 Source:SMM

SHANGHAI, Aug. 10 (SMM) – The most active SHFE aluminum contract was pressured at RMB 15,400/mt on August 13, dampening confidence in spot aluminum markets in south China. Cargo holders held quotations firm at RMB 15,420/mt, while downstream processors mostly stood on the sidelines, leaving mainstream traded prices at RMB 15,420-15,430/mt. Overall trading was thin.
 

Key Words:  spot aluminum   South China 

South China Aluminum: Selling Interest Low, Spot Trading Light

SMM Insight 02:39:52PM Aug 13, 2012 Source:SMM

SHANGHAI, Aug. 10 (SMM) – The most active SHFE aluminum contract was pressured at RMB 15,400/mt on August 13, dampening confidence in spot aluminum markets in south China. Cargo holders held quotations firm at RMB 15,420/mt, while downstream processors mostly stood on the sidelines, leaving mainstream traded prices at RMB 15,420-15,430/mt. Overall trading was thin.
 

Key Words:  spot aluminum   South China