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

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Home / Metal News / Aluminium / Spot Aluminum Price Movement in South China (2013-11-19)

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

Nov 19,2013 15:35

CST

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Source: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.

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.

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