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Spot Aluminum Price Movement in South China (2014-3-21)
Mar 21,2014 14:49CST
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Source:SMM
SHFE current-month aluminum prices fell by another RMB 80/mt on Friday.

SHANGHAI, Mar. 21 (SMM) – SHFE current-month aluminum prices fell by another RMB 80/mt on Friday. Cargo holders remained reluctant to move goods after spot aluminum traded as low as RMB 12,350/mt in south China. Downstream producers stepped up purchasing goods ahead of the weekend. As aluminum supply tightened in the market, quotations edged up to RMB 12,390/mt in relatively encouraging trade. Mainstream traded prices were RMB 12,350-12,390/mt in south China on Friday.
 

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