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

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Home / Metal News / Copper / South China Aluminum: Spot Prices Inch Up on Dip-Buying

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

Oct 18,2012 16:40

CST

smm insight

Source: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.

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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SHFE 1507 aluminum started lower and rose slightly on Friday. Main trading prices were RMB 12,660-12,680/mt today for spot aluminum in south China.

Jun 19, 2015 18:09 timezone

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Weak South China Aluminum Undermines Investors Confidence (Jun. 18, 2015)

SHFE 1507 aluminum rebounded on Thursday after a low. Trading prices for spot aluminum were RMB 12,650-12,660/mt today in south China market.

Jun 18, 2015 16:20 timezone

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South China Aluminum Trades at RMB 12,680-12,700/mt (Jun. 17, 2015)

SHFE 1508 aluminum moved narrowly on Wednesday morning and ended the day up RMB 25/mt at RMB 12,710/mt.

Jun 17, 2015 16:47 timezone

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South China Aluminum Trades Remain Quiet (Jun. 16, 2015)

Wait-and-see posture prevailed south China market on Tuesday.

Jun 16, 2015 15:49 timezone

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South China Aluminum Sees Light Trades (Jun. 15, 2015)

Cargo holders quoted at high in south China. However, downstream purchasers and traders only bought at low and stopped building stocks after Monday morning session.

Jun 15, 2015 17:05 timezone

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Post-Holiday Trading in South China Aluminum Market Remains Light (Feb. 25, 2015)

Trading in south China spot aluminum market was thin on the first day after the Chinese New Year holiday.

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