South China Aluminum: Spot Aluminum Follows SHFE Aluminum Down

Jul 16, 2013 14:53

SHFE 1310 aluminum contract rebounded after initially dropping, but spot aluminum in South China failed to follow suit, with mainstream traded prices down to RMB 14,560-14,580/mt.

SHANGHAI, Jul. 16 (SMM) – SHFE 1310 aluminum contract rebounded after initially dropping, but spot aluminum in South China failed to follow suit, with mainstream traded prices down to RMB 14,560-14,580/mt. Traders were eager to sell, but downstream producers exhibited low buying interest.

South China aluminum prices

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South China Aluminum: Spot Aluminum Follows SHFE Aluminum Down

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