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Spot Aluminum Price Movement in South China (2013-11-19)

iconNov 19, 2013 15:35
SHFE 1312 aluminum contract opened lower at RMB 14,275/mt on Tuesday and hovered below the 5-day moving average in morning session.

SHANGHAI, Nov. 19 (SMM) – SHFE 1312 aluminum contract opened lower at RMB 14,275/mt on Tuesday and hovered below the 5-day moving average in morning session. Spot aluminum holders in south China were in a hurry to sell, but traders and downstream producers showed little interest, sending prices down RMB 20/mt to RMB 14,350-14,370/mt.  

south China aluminum
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