Metals News
Falling SHFE Aluminum Undermines Buying Interest in South China (Aug. 8, 2014)
price review forecast
15:11PM
Source:SMM
SHANGHAI, Aug. 8 (SMM) – Downstream producers in south China aluminum market bought only as needed on Friday. However, most held to the sidelines after SHFE 1408 aluminum contract dipped below RMB 14,000/mt in the afternoon. Despite falling SHFE aluminum, traders still held offers at a premium over front-month contract due to falling stocks in the regions. Most deals closed between RMB 14,150-14,170/mt 
 
 
 
 
 
South China aluminum prices
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