Home / Metal News / South China Aluminum: Bearish Sentiment Dominates, Sport Trading Muted

South China Aluminum: Bearish Sentiment Dominates, Sport Trading Muted

iconMar 1, 2013 15:01
Source:SMM
SHFE 1305 aluminum contract prices plummeted on Friday, dragging spot aluminum prices down as well.

SHANGHAI, Mar. 1 (SMM) – SHFE 1305 aluminum contract prices plummeted on Friday, dragging spot aluminum prices down as well. Spot aluminum market in Guangdong was quiet. Traders were reluctant to sell at lows, while downstream consumption remained sluggish, leading traded prices stagnant at RMB 14,420-14,430/mt. Market was dominated by bearish sentiment.
 

south China aluminum prices

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All