South China Aluminum: Spot Prices Inch Up on Dip-Buying

Oct 18, 2012 16:40

The SHFE 1212 aluminum contract rebounded slightly and hovered near RMB 15,500/mt, prompting downstream producers and middlemen in south China to purchase at low prices.

SHANGHAI, Oct. 18 (SMM) – The SHFE 1212 aluminum contract rebounded slightly and hovered near RMB 15,500/mt, prompting downstream producers and middlemen in south China to purchase at low prices. Mainstream traded prices edged up to RMB 15,320-15,340/mt as a result. Trading turned thinner as low-priced goods decreased.

south China aluminum prices

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South China Aluminum: Spot Prices Inch Up on Dip-Buying

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