South China Aluminum Price: Ample Supply Keeps Prices in Check

Jun 17, 2013 15:23

SHFE 1309 aluminum contract failed to break through RMB 14,700/mt on Monday due to tepid trading activity.

SHANGHAI, Jun. 17 (SMM) – SHFE 1309 aluminum contract failed to break through RMB 14,700/mt on Monday due to tepid trading activity. More aluminum ingot was shipped to south China than to east China as prices in south China were RMB 350/mt higher than in east China. This kept supply in south China plentiful, narrowing the price gap between both regions. Meanwhile, SHFE aluminum was weak today, stimulating traders to sell for cash. Downstream demand was limited, keeping mainstream traded prices in check within RMB 15,140-15,160/mt, with the low-end price up slightly from last Friday.

south China aluminum prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday 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.

South China Aluminum Price: Ample Supply Keeps Prices in Check

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025