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Spot Aluminum Price Movement in South China (2013-11-22)
Nov 22, 2013 16:06SHFE 1312 aluminum contract was range-bound between RMB 14,290-14,300/mt on Friday.
SHANGHAI, Nov. 22 (SMM) – SHFE 1312 aluminum contract was range-bound between RMB 14,290-14,300/mt on Friday. Restocking demand ahead of the weekend allowed cargo holders in south China to hold offers firm at RMB 14,390/mt earlier today. However, some large producers sold at RMB 14,380/mt, weighing overall traded prices down. Trading picked up from yesterday.
south China aluminum
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