South China Aluminum Price: Prices Fall Further, Transactions Modest-Shanghai Metals Market
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Home > News > SMM Insight > South China Aluminum Price: Prices Fall Further, Transactions Modest

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South China Aluminum Price: Prices Fall Further, Transactions Modest

SMM Insight 02:49:10PM Apr 12, 2013 Source:SMM

SHANGHAI, Apr. 12 (SMM) – SHFE 1306 aluminum contract was capped under the 30-day moving average on Friday, undermining market sentiment. Traders in south China rushed to sell, but downstream producers purchased only to need, bringing mainstream traded prices down to RMB 14,660-14,680/mt. Overall transactions were modest.
 

Key Words:  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
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South China Aluminum Price: Prices Fall Further, Transactions Modest

SMM Insight 02:49:10PM Apr 12, 2013 Source:SMM

SHANGHAI, Apr. 12 (SMM) – SHFE 1306 aluminum contract was capped under the 30-day moving average on Friday, undermining market sentiment. Traders in south China rushed to sell, but downstream producers purchased only to need, bringing mainstream traded prices down to RMB 14,660-14,680/mt. Overall transactions were modest.
 

Key Words:  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