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Spot Aluminum Price Movement in South China (2014-3-17)

iconMar 17, 2014 16:14
Source:SMM
Suppliers in south China held back goods on Monday since SHFE 1404 aluminum contract will become the new current-month contract tomorrow.

SHANGHAI, Mar. 17 (SMM) – Suppliers in south China held back goods on Monday since SHFE 1404 aluminum contract will become the new current-month contract tomorrow. Buyers continued to watch from the sidelines. Aluminum ingot continued to arrive, adding to oversupply pressure and sending prevailing traded prices down to RMB 12,620-12,630/mt. 

 

south China aluminum prices

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