South China Aluminum: Prices Resilient, Middlemen Active in Dip-Buying-Shanghai Metals Market
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Home > News > SMM Insight > South China Aluminum: Prices Resilient, Middlemen Active in Dip-Buying

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South China Aluminum: Prices Resilient, Middlemen Active in Dip-Buying

SMM Insight 03:20:44PM Jan 08, 2013 Source:SMM

SHANGHAI, Jan. 8 (SMM) – SHFE 1303 aluminum contract prices met resistance at RMB 15,300/mt on Tuesday, with little upward momentum. Cargo holders in Guangdong moved little goods, with mainstream traded prices resilient at above RMB 15,100/mt. Downstream producers showed low buying interest, with only middlemen active in dip-buying, bringing traded prices down slightly. Overall trading was limited. 
 

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
Oct.18
18810.0
-10.0
(-0.05%)
0# Zinc
Oct.18
18880.0
-10.0
(-0.05%)
T/C for domestic zinc concentrate
Oct.01
6325.0
0.0
(0.00%)
T/C for imported zinc concentrate
Oct.01
280.0
0.0
(0.00%)
Zinc Alloy (Zamak3/ZX01)
Oct.18
19780.0
-10.0
(-0.05%)

South China Aluminum: Prices Resilient, Middlemen Active in Dip-Buying

SMM Insight 03:20:44PM Jan 08, 2013 Source:SMM

SHANGHAI, Jan. 8 (SMM) – SHFE 1303 aluminum contract prices met resistance at RMB 15,300/mt on Tuesday, with little upward momentum. Cargo holders in Guangdong moved little goods, with mainstream traded prices resilient at above RMB 15,100/mt. Downstream producers showed low buying interest, with only middlemen active in dip-buying, bringing traded prices down slightly. Overall trading was limited. 
 

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