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South China Aluminum: Spot Trading Remains Slack on Sluggish Consumption
Oct 17,2012 14:18CST
smm insight
Source:SMM
The SHFE 1212 aluminum contract was mired on Wednesday, without upward momentum to rebound.

SHANGHAI, Oct. 17 (SMM0 – The SHFE 1212 aluminum contract was mired on Wednesday, without upward momentum to rebound. Downstream producers purchased on an as-needed basis, while cargo holders also held back goods, causing mainstream traded prices to edge down to RMB 15,270-15,290/mt in south China, at mild discounts over prices in Shanghai. Overall trading remained light.
 

south China aluminum prices

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