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South China Aluminum: Spot Trading Thin on Bearish Mood
Oct 24,2012 15:26CST
smm insight
Source:SMM
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

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