Download our mobile app to 
your devices
Android devicesiOS devices
Holiday Pricing ScheduleFREE TRIALCompliance CentreAbout UsContact Us
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltTernary Precursor and MaterialAnode MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsCar Insight
Home / Metal News / South China Aluminum Price: Eagerness to Sell Undermines Price Resilience

South China Aluminum Price: Eagerness to Sell Undermines Price Resilience

iconJun 14, 2013 15:14
Source:SMM
SHFE 1309 aluminum contract met growing resistance at RMB 14,700/mt on Friday.

SHANGHAI, Jun. 14 (SMM) – SHFE 1309 aluminum contract met growing resistance at RMB 14,700/mt on Friday. Although some downstream producers were active replenishing stocks, weak SHFE aluminum and worries over large arrivals in Guangdong in the future drove cargo holders to liquidate inventories, pulling mainstream traded prices down to RMB 15,110/mt from RMB 15,160/mt. Prices in Guangdong are now only RMB 350/mt higher than in Shanghai, but there is still room for arbitrage. Overall trading was down from yesterday.

 

south China aluminum prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All
MOST POPULAR
1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles
2.Aluminum Wire Supplier Screening
3.Cost Analysis Of AL Extrusion For Target Units
4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)
5.Optimization Of Purchasing Cost For Casting Alloys
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.