South China Aluminum: Spot Trading Thin on Bearish Mood

Oct 24, 2012 15:26

SHFE 1212 aluminum contract prices failed to reach RMB 15,400/mt on Wednesday, triggering bearish sentiment in spot market.

SHANGHAI, Oct. 24 (SMM) – SHFE 1212 aluminum contract prices failed to reach RMB 15,400/mt on Wednesday, triggering bearish sentiment in spot market. Mainstream traded prices were RMB 15,260-15,270/mt in south China market. Cargo holders were eager to move goods, but downstream producers and middlemen showed little buying interest. Trading picked up at low prices, but overall trading remained light.

south China aluminum prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

South China Aluminum: Spot Trading Thin on Bearish Mood

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025