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South China Aluminum: Spot Trading Limited on Strong Bearish Mood
Oct 23,2012 15:35
CSTsmm insight
Source:SMM
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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