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South China Aluminum: Eagerness to Sell Results in Price Decline
Mar 11,2013 18:46CST
smm insight
Source:SMM
SHFE 1306 aluminum contract prices fell back into correction on Monday and large shipments arrived over the weekend, promoting traders to move goods.

SHANGHAI, Mar. 11 (SMM) – SHFE 1306 aluminum contract prices fell back into correction on Monday and large shipments arrived over the weekend, promoting traders to move goods. However, downstream producers refrained from buying, sending mainstream traded prices in south China down to RMB 14,600/mt, a premium of only RMB 50/mt over Shanghai.
 

south China aluminum prices

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