South China Aluminum: Spot Prices Fall with Futures Prices-Shanghai Metals Market

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South China Aluminum: Spot Prices Fall with Futures Prices

SMM Insight 04:27:47PM Jan 17, 2013 Source:SMM

SHANGHAI, Jan. 17 (SMM) – SHFE 1303 aluminum contract prices moved weakly on Thursday, sending mainstream traded prices in south China down to RMB 15,070-15,090/mt. Ample supply against sluggish downstream consumption capped spot aluminum prices under RMB 15,100/mt. Overall trading was light.
 

South China Aluminum: Spot Prices Fall with Futures Prices

SMM Insight 04:27:47PM Jan 17, 2013 Source:SMM

SHANGHAI, Jan. 17 (SMM) – SHFE 1303 aluminum contract prices moved weakly on Thursday, sending mainstream traded prices in south China down to RMB 15,070-15,090/mt. Ample supply against sluggish downstream consumption capped spot aluminum prices under RMB 15,100/mt. Overall trading was light.