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Home / Metal News / South China Aluminum: Spot Trading Remains Quiet on Pessimism

South China Aluminum: Spot Trading Remains Quiet on Pessimism

Nov 27, 2012 14:37

Source:SMM

Falling SHFE 1301 aluminum contract prices dampened market confidence.

SHANGHAI, Nov. 27 (SMM) – Falling SHFE 1301 aluminum contract prices dampened market confidence. Supply still exceeded demand in south China market. Traders rushed to move goods for cash, but downstream producers only purchased as needed, driving mainstream traded prices down to RMB 15,120-15,140/mt and leaving overall trading thin.

south China aluminum prices

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SHFE 1507 aluminum started lower and rose slightly on Friday. Main trading prices were RMB 12,660-12,680/mt today for spot aluminum in south China.

Jun 19, 2015 18:09

SMM Comments

Weak South China Aluminum Undermines Investors Confidence (Jun. 18, 2015)

SHFE 1507 aluminum rebounded on Thursday after a low. Trading prices for spot aluminum were RMB 12,650-12,660/mt today in south China market.

Jun 18, 2015 16:20

SMM Comments

South China Aluminum Trades at RMB 12,680-12,700/mt (Jun. 17, 2015)

SHFE 1508 aluminum moved narrowly on Wednesday morning and ended the day up RMB 25/mt at RMB 12,710/mt.

Jun 17, 2015 16:47

SMM Comments

South China Aluminum Trades Remain Quiet (Jun. 16, 2015)

Wait-and-see posture prevailed south China market on Tuesday.

Jun 16, 2015 15:49

SMM Comments

South China Aluminum Sees Light Trades (Jun. 15, 2015)

Cargo holders quoted at high in south China. However, downstream purchasers and traders only bought at low and stopped building stocks after Monday morning session.

Jun 15, 2015 17:05

SMM Comments

Post-Holiday Trading in South China Aluminum Market Remains Light (Feb. 25, 2015)

Trading in south China spot aluminum market was thin on the first day after the Chinese New Year holiday.

Feb 25, 2015 15:31

SMM Comments

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South China Aluminum: Spot Trading Remains Quiet on Pessimism

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit