Spot Aluminum Price Movement in South China (2014-4-9)

Apr 9, 2014 15:41

In south China physical aluminum market, a bout of selloffs set in after SHFE 1404 aluminum contract retreated below the 5-day moving average, sending prices down.

SHANGHAI, Apr. 9 (SMM) – In south China physical aluminum market, a bout of selloffs set in after SHFE 1404 aluminum contract retreated below the 5-day moving average, sending prices down. Prices rebounded slightly later in the day. Downstream producers were cautious about buying. Most transactions were between RMB 12,790-12,830/mt.

south China aluminum prices

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Spot Aluminum Price Movement in South China (2014-4-9)

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