South China Aluminum: Trading Light, Only Middlemen Purchased Modest Amounts at Lows

Mar 27, 2013 16:02

SHFE 1306 aluminum contract met growing resistance at RMB 14,700/mt on Wednesday.

SHANGHAI, Mar. 27 (SMM) – SHFE 1306 aluminum contract met growing resistance at RMB 14,700/mt on Wednesday. Traders in south China were anxious to move goods at discounts to promote sales, but downstream consumption was sluggish, with only middlemen purchasing modest amounts RMB 14,500/mt.

south China aluminum prices

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South China Aluminum: Trading Light, Only Middlemen Purchased Modest Amounts at Lows

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