South China Aluminum Price: Trading Picks Up on Bargain-Hunting_SMM

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Home / Metal News / Aluminium / South China Aluminum Price: Trading Picks Up on Bargain-Hunting

South China Aluminum Price: Trading Picks Up on Bargain-Hunting

Jul 2,2013 15:33

CST

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Source:SMM

SHFE aluminum extended gains on Tuesday, boosting sentiment in spot market.

SHANGHAI, Jul. 2 (SMM) – SHFE aluminum extended gains on Tuesday, boosting sentiment in spot market. Cargo holders in south China held quotes firm at RMB 14,700/mt, RMB 250/mt higher than in Shanghai. Downstream producers bought to need, and middlemen went bargain hunting, leaving trading up from yesterday.

south China aluminum prices

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SHFE 1507 aluminum started lower and rose slightly on Friday. Main trading prices were RMB 12,660-12,680/mt today for spot aluminum in south China.

Jun 19, 2015 18:09 timezone

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Weak South China Aluminum Undermines Investors Confidence (Jun. 18, 2015)

SHFE 1507 aluminum rebounded on Thursday after a low. Trading prices for spot aluminum were RMB 12,650-12,660/mt today in south China market.

Jun 18, 2015 16:20 timezone

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South China Aluminum Trades at RMB 12,680-12,700/mt (Jun. 17, 2015)

SHFE 1508 aluminum moved narrowly on Wednesday morning and ended the day up RMB 25/mt at RMB 12,710/mt.

Jun 17, 2015 16:47 timezone

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South China Aluminum Trades Remain Quiet (Jun. 16, 2015)

Wait-and-see posture prevailed south China market on Tuesday.

Jun 16, 2015 15:49 timezone

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South China Aluminum Sees Light Trades (Jun. 15, 2015)

Cargo holders quoted at high in south China. However, downstream purchasers and traders only bought at low and stopped building stocks after Monday morning session.

Jun 15, 2015 17:05 timezone

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Post-Holiday Trading in South China Aluminum Market Remains Light (Feb. 25, 2015)

Trading in south China spot aluminum market was thin on the first day after the Chinese New Year holiday.

Feb 25, 2015 15:31 timezone

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