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Home / Metal News / South China Aluminum: Traders Eager to Sell out of Growing Bearishness

South China Aluminum: Traders Eager to Sell out of Growing Bearishness

Mar 12, 2013 14:22

Source:SMM

SHFE 1306 aluminum contract prices extended losses for three straight days, dampening market sentiment and promoting traders to actively sell for cash.

SHANGHAI, Mar. 12 (SMM) – SHFE 1306 aluminum contract prices extended losses for three straight days, dampening market sentiment and promoting traders to actively sell for cash. Tepid demand from downstream producers and middlemen sent mainstream traded prices in south China down to RMB 14,520-14,550/mt, basically flat with prices in Shanghai. Consumption should remain sluggish for the short term.

south China aluminum prices

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SHFE 1507 aluminum started lower and rose slightly on Friday. Main trading prices were RMB 12,660-12,680/mt today for spot aluminum in south China.

Jun 19, 2015 18:09

SMM Comments

Weak South China Aluminum Undermines Investors Confidence (Jun. 18, 2015)

SHFE 1507 aluminum rebounded on Thursday after a low. Trading prices for spot aluminum were RMB 12,650-12,660/mt today in south China market.

Jun 18, 2015 16:20

SMM Comments

South China Aluminum Trades at RMB 12,680-12,700/mt (Jun. 17, 2015)

SHFE 1508 aluminum moved narrowly on Wednesday morning and ended the day up RMB 25/mt at RMB 12,710/mt.

Jun 17, 2015 16:47

SMM Comments

South China Aluminum Trades Remain Quiet (Jun. 16, 2015)

Wait-and-see posture prevailed south China market on Tuesday.

Jun 16, 2015 15:49

SMM Comments

South China Aluminum Sees Light Trades (Jun. 15, 2015)

Cargo holders quoted at high in south China. However, downstream purchasers and traders only bought at low and stopped building stocks after Monday morning session.

Jun 15, 2015 17:05

SMM Comments

Post-Holiday Trading in South China Aluminum Market Remains Light (Feb. 25, 2015)

Trading in south China spot aluminum market was thin on the first day after the Chinese New Year holiday.

Feb 25, 2015 15:31

SMM Comments

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South China Aluminum: Traders Eager to Sell out of Growing Bearishness

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