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Home / Metal News / South China Aluminum: Prices Slid on Sour Market Sentiment

South China Aluminum: Prices Slid on Sour Market Sentiment

Jul 24, 2013 17:04

Source:SMM

Disappointing HSBC’s flash China manufacturing PMI for July dragged SHFE 1310 aluminum contract prices down on Wednesday.

SHANGHAI, Jul. 24 (SMM) – Disappointing HSBC’s flash China manufacturing PMI for July dragged SHFE 1310 aluminum contract prices down on Wednesday. This left traders in South China in a hurry to move goods. Downstream producers, however, showed little interest as the end-of-month liquidity crunch bit in, pulling mainstream traded prices in the region down to RMB 14,640-14,660/mt.

South China aluminum prices

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Downstream demand in south China picked up slightly before the weekend.

Jun 26, 2015 15:21

SMM Comments

South China Aluminum Prices Fall, Trading Thin (Jun. 10, 2015)

Suppliers in south China spot aluminum market were eager to sell on Wednesday.

Jun 10, 2015 16:48

SMM Comments

South China Aluminum Prices Fall amid Growing Pessimism (Jun. 8, 2015)

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SMM Comments

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May 25, 2015 18:17

SMM Comments

South China Aluminum Prices Hold Largely Stable (May 18, 2015)

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May 18, 2015 15:39

SMM Comments

Aluminum Prices in South China Rally on Improving Demand (Apr. 10, 2015)

April aluminum on the SHFE stopped falling, driving a slight rally in south China aluminum prices.

Apr 10, 2015 20:15

SMM Comments

Trading in South China Aluminum Market Muted (Mar. 30, 2015)

Suppliers in south China aluminum market were eager to sell, but processors took a wait-and-see stance at the beginning of the week.

Mar 30, 2015 16:38

SMM Comments

Aluminum Prices in South China Rise as Buying Picks Up (Mar. 27, 2015)

Suppliers in south China aluminum market held back goods at lows.

Mar 27, 2015 19:05

SMM Comments

Aluminum Trading in South China Turns Brisk (Feb. 27, 2015)

Growing stocks left cargo holders in south China aluminum market in a hurry to sell.

Feb 27, 2015 17:13

SMM Comments

Rising Aluminum Prices Leave Trading in South China Muted (Feb. 3, 2015)

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Feb 3, 2015 16:17

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South China Aluminum: Prices Slid on Sour Market Sentiment

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