South China Aluminum: Spot Trading Thin on Bearishness

Oct 10, 2012 14:34

The most active SHFE aluminum contract met resistance at RMB 15,600/mt after a low opening on Wednesday, fuelling strong bearish sentiment in spot aluminum market.

SHANGHAI, Oct. 10 (SMM) – The most active SHFE aluminum contract met resistance at RMB 15,600/mt after a low opening on Wednesday, fuelling strong bearish sentiment in spot aluminum market. Mainstream traded prices stagnated at RMB 15,370/mt in south China. Downstream processors purchased as needed due to limited orders, while supply was ample, leaving trading quiet.

south China aluminum prices

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

South China Aluminum: Spot Trading Thin on Bearishness

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025