South China Aluminum: Spot Trading Limited on Strong Bearish Mood

Oct 23, 2012 15:35

SHFE 1212 aluminum contract prices failed to hold RMB 15,400/mt on Tuesday, so bearish sentiment remained strong in south China market.

SHANGHAI, Oct. 23 (SMM) – SHFE 1212 aluminum contract prices failed to hold RMB 15,400/mt on Tuesday, so bearish sentiment remained strong in south China market. Mainstream traded prices edged down to RMB 15,260-15,280/mt. Cargo holders were eager to move goods, but downstream producers and middlemen showed little buying interest even at low prices, leaving overall trading quiet.

south China aluminum prices

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South China Aluminum: Spot Trading Limited on Strong Bearish Mood

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