South China Aluminum: Spot Trading Remains Quiet on Pessimism-Shanghai Metals Market
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Home > News > SMM Insight > South China Aluminum: Spot Trading Remains Quiet on Pessimism

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South China Aluminum: Spot Trading Remains Quiet on Pessimism

SMM Insight 02:37:41PM Nov 27, 2012 Source:SMM

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. 
 

Key Words:  south China aluminum prices 
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
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1# Zinc
Nov.18
18410.0
-10.0
(-0.05%)
0# Zinc
Nov.18
18480.0
-10.0
(-0.05%)
T/C for Domestic Zinc Concentrate
Nov.01
6275.0
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Nov.18
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South China Aluminum: Spot Trading Remains Quiet on Pessimism

SMM Insight 02:37:41PM Nov 27, 2012 Source:SMM

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. 
 

Key Words:  south China aluminum prices 
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn