Metals News
South China Aluminum: Spot Trading Limited on Low Buying Interest
smm insight
15:15PM
Source:SMM

SHANGHAI, Oct. 19 (SMM) – The SHFE 1212 aluminum contract was resilient to declines compared with other base metals, but failed to hold onto RMB 15,500/mt, souring sentiment in south China market. Downstream producers showed little interest in buying before the weekend, causing traded prices to inch down to RMB 15,320/mt. Traders were eager to move goods, but trading was limited.
 

south China aluminum prices
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