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South China Aluminum: Spot Trading Quiet, Consumption in March Eyed
Feb 28,2013 15:56
CSTsmm insight
Source:SMM
SHFE 1305 aluminum contract prices trended down on Thursday after opening unchanged from yesterday, hurting market confidence.
SHANGHAI, Feb. 28 (SMM) – SHFE 1305 aluminum contract prices trended down on Thursday after opening unchanged from yesterday, hurting market confidence. Few downstream producers entered the market against liquidity crunch on the last day of the month, while price declines also made traders less willing to sell, leaving traded prices stagnant at RMB 14,520-14,530/mt. Markers are awaiting consumption to improve in March.
south China aluminum prices
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