South China Aluminum: Futures Prices Lead Gains, Allowing Traders to Hold Offers Firm

Mar 6, 2013 16:40

SHFE aluminum led gains among base metals on Wednesday, easing market pessimism and allowing traders in south China to hold offers firm at RMB 14,470/mt.

SHANGHAI, Mar. 6 (SMM) – SHFE aluminum led gains among base metals on Wednesday, easing market pessimism and allowing traders in south China to hold offers firm at RMB 14,470/mt. However, downstream demand was limited, with only middlemen more active in purchasing. Spot aluminum traded prices rose RMB 100/mt and overall trading picked up mildly.

south China aluminum prices

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South China Aluminum: Futures Prices Lead Gains, Allowing Traders to Hold Offers Firm

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