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SHANGHAI, Jul. 1 (SMM) – Despite the decline in China’s June manufacturing PMI, market sentiment improved as liquidity crunch has eased with the start of the third quarter. SHFE aluminum rebounded, pushing spot aluminum in south China up as well. Traders held back goods and held offers firm at RMB 14,620/mt, while downstream producers and middlemen were modestly interested in buying, improving overall trading.
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