South China Aluminum: Lower Prices Stoke Buying Interest-Shanghai Metals Market

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South China Aluminum: Lower Prices Stoke Buying Interest

Price Review & Forecast 04:15:29PM Oct 15, 2013 Source:SMM

SHANGHAI, Oct. 15 (SMM) – Mainstream traded prices for spot aluminum in south China edged down RMB 40/mt to RMB 14,380-14,400/mt on Tuesday. Lower prices stoked buying interest from downstream producers. Traders began to hold back goods as prices dropped further. Trading picked up from previous days. 
 

Key Words:  south China aluminum  

Price

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#1 Refined Cu
Oct.16
46915.0
-70.0
(-0.15%)
Standard-Grade Copper
Oct.16
46905.0
-75.0
(-0.16%)
High-Grade Copper
Oct.16
46925.0
-65.0
(-0.14%)
Guixi copper
Oct.16
46930.0
-65.0
(-0.14%)
Low-quality copper
Oct.16
46875.0
-60.0
(-0.13%)

South China Aluminum: Lower Prices Stoke Buying Interest

Price Review & Forecast 04:15:29PM Oct 15, 2013 Source:SMM

SHANGHAI, Oct. 15 (SMM) – Mainstream traded prices for spot aluminum in south China edged down RMB 40/mt to RMB 14,380-14,400/mt on Tuesday. Lower prices stoked buying interest from downstream producers. Traders began to hold back goods as prices dropped further. Trading picked up from previous days. 
 

Key Words:  south China aluminum