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South China Aluminum: Spot Prices Inch Up on Dip-Buying
Oct 18,2012 16:40
CSTsmm 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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