Home / Metal News / Copper / South China Aluminum: Sluggish Downstream Consumption Erodes Gains of Spot Aluminum
South China Aluminum: Sluggish Downstream Consumption Erodes Gains of Spot Aluminum
Mar 9,2013 15:35CST
smm insight
Source:SMM
SHFE 1306 aluminum contract prices drifted lower after a high opening on Friday, keeping investors less optimistic.

SHANGHAI, Mar. 9 (SMM) – SHFE 1306 aluminum contract prices drifted lower after a high opening on Friday, keeping investors less optimistic. Traders in south China were more willing to move goods, but downstream producers purchased only as needed, curbing gains of spot aluminum prices. Only middlemen were active in bargain-hunting. Mainstream traded prices were RMB 14,650-14,680/mt and overall trading was stable.
 

south China aluminum prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news