Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / South China Aluminum: Spot Trading Up on Dip-Buying

South China Aluminum: Spot Trading Up on Dip-Buying

Oct 11, 2012 16:29

Source:SMM

The most active SHFE aluminum contract drifted higher after a low opening on Thursday morning and later regained RMB 15,500/mt.

SHANGHAI, Oct. 11 (SMM) - The most active SHFE aluminum contract drifted higher after a low opening on Thursday morning and later regained RMB 15,500/mt, stimulating dip-buying from downstream producers and middlemen. Mainstream traded prices rose to RMB 15,380/mt from RMB 15,340/mt. Aluminum prices were resilient to declines compared with other base metals. Cargo holders were actively moving goods, improving trading.

South China aluminum prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Downstream demand in south China picked up slightly before the weekend.

Jun 26, 2015 15:21

SMM Comments

South China Aluminum Prices Fall, Trading Thin (Jun. 10, 2015)

Suppliers in south China spot aluminum market were eager to sell on Wednesday.

Jun 10, 2015 16:48

SMM Comments

South China Aluminum Prices Fall amid Growing Pessimism (Jun. 8, 2015)

SHFE 1506 aluminum contract continued galling, triggering bearishness in south China.

Jun 8, 2015 15:11

SMM Comments

South China Aluminum Prices Rise Slightly (Apr. 24, 2015)

Rising SHFE aluminum encouraged suppliers in south China to raise offers.

Apr 24, 2015 17:38

SMM Comments

South China Aluminum Prices Rise on Favorable Export Policy (Apr. 23, 2015)

The announcement of removal of provisional export tax on aluminum bar and rod cheered market up.

Apr 23, 2015 17:28

SMM Comments

South China Aluminum Prices Rebound (Apr. 22, 2015)

The rally of SHFE aluminum encouraged suppliers in south China aluminum market to ask for higher prices.

Apr 22, 2015 20:11

SMM Comments

Aluminum Prices in South China Rally on Improving Demand (Apr. 10, 2015)

April aluminum on the SHFE stopped falling, driving a slight rally in south China aluminum prices.

Apr 10, 2015 20:15

SMM Comments

Trading in South China Aluminum Market Muted (Mar. 30, 2015)

Suppliers in south China aluminum market were eager to sell, but processors took a wait-and-see stance at the beginning of the week.

Mar 30, 2015 16:38

SMM Comments

Aluminum Prices in South China Rise as Buying Picks Up (Mar. 27, 2015)

Suppliers in south China aluminum market held back goods at lows.

Mar 27, 2015 19:05

SMM Comments

South China Aluminum Prices Follow SHFE Aluminum Up (Mar. 19, 2015)

SHFE front-month aluminum contract hit its highest in over a month on Thursday.

Mar 19, 2015 17:32

SMM Comments

SMM Events & Webinars

All

Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia
Jun
18
- 2024 ASEAN Automotive Supply Chain
  Jun 18 - 19,2024
  Pattaya,Thailand

South China Aluminum: Spot Trading Up on Dip-Buying

SMM Events & Webinars

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit

2024 ASEAN Automotive Supply Chain