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South China Aluminum: Prices Dipped, Wait-and-See Sentiment Grew
Mar 28,2013 15:45
CSTsmm insight
Source:SMM
SHFE 1306 aluminum contract was capped under the daily moving average on Thursday, with the low-end price at RMB 14,600/mt, causing spot aluminum in south China to struggle near RMB 14,500/mt.
SHANGHAI, Mar. 28 (SMM) – SHFE 1306 aluminum contract was capped under the daily moving average on Thursday, with the low-end price at RMB 14,600/mt, causing spot aluminum in south China to struggle near RMB 14,500/mt. Some traders remained eager to sell for cash, but downstream consumption was sluggish. Both sides chose to stand on the sidelines.
south China aluminum prices
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