South China Aluminum: Trading Light due to Upcoming Chinese New Year

Jan 25, 2013 18:55

SHFE 1303 aluminum contract prices were mired on Friday, providing little direction for spot aluminum prices.

SHANGHAI, Jan. 25 (SMM) – SHFE 1303 aluminum contract prices were mired on Friday, providing little direction for spot aluminum prices. Most aluminum processors in south China have closed early for Chinese New Year and have made modest restocking, so they were little interested in buying today. Traders moved limited amount of goods, with mainstream traded prices at RMB 15,050-15,060/mt. Overall trading was light.

south China aluminum prices

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South China Aluminum: Trading Light due to Upcoming Chinese New Year

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