Spot Aluminum Price Movement in South China (2013-10-21)

Price Review & Forecast 05:38:04PM Oct 21, 2013 Source:SMM

SHANGHAI, Oct. 21 (SMM) – Aluminum prices in south China rose RMB 15/mt to RMB 14,460-14,490/mt on Monday thanks to falling inventories. Traders were actively buying out of bullishness toward future prices. Downstream producers, in contrast, mainly purchased as needed against tight liquidity and poor orders.    

 

Key Words:  south China aluminum  

Spot Aluminum Price Movement in South China (2013-10-21)

Price Review & Forecast 05:38:04PM Oct 21, 2013 Source:SMM

SHANGHAI, Oct. 21 (SMM) – Aluminum prices in south China rose RMB 15/mt to RMB 14,460-14,490/mt on Monday thanks to falling inventories. Traders were actively buying out of bullishness toward future prices. Downstream producers, in contrast, mainly purchased as needed against tight liquidity and poor orders.    

 

Key Words:  south China aluminum