South China Aluminum: both Trading and Prices Up Slightly

Feb 22, 2013 18:51

A mild rally in SHFE 1305 aluminum contract prices on Friday made investors believe that aluminum prices will stabilize at low levels.

SHANGHAI, Feb. 22 (SMM) – A mild rally in SHFE 1305 aluminum contract prices on Friday made investors believe that aluminum prices will stabilize at low levels. Traders in south China stood on the sidelines, expecting consumption to pick up next week. Middlemen rebuilt stocks in modest amounts, pushing mainstream traded prices up slightly to RMB 14,650-14,670/mt and improving overall trading.

south China aluminum prices

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South China Aluminum: both Trading and Prices Up Slightly

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