Aluminum Prices in South China Down Slightly as Most Hold Back Goods (Aug. 14, 2014)-Shanghai Metals Market

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Aluminum Prices in South China Down Slightly as Most Hold Back Goods (Aug. 14, 2014)

Price Review & Forecast 03:32:43PM Aug 14, 2014 Source:SMM
SHANGHAI, Aug. 14 (SMM) – Spot aluminum in south China followed SHFE aluminum down to RMB 14,150-14,170/mt on Thursday, a drop of RMB 30-40/mt from yesterday. Market supply fell in the afternoon as most held back goods, allowing some cargo holders to raise offers slightly. Overall trading was modest.  
 
 

Aluminum Prices in South China Down Slightly as Most Hold Back Goods (Aug. 14, 2014)

Price Review & Forecast 03:32:43PM Aug 14, 2014 Source:SMM
SHANGHAI, Aug. 14 (SMM) – Spot aluminum in south China followed SHFE aluminum down to RMB 14,150-14,170/mt on Thursday, a drop of RMB 30-40/mt from yesterday. Market supply fell in the afternoon as most held back goods, allowing some cargo holders to raise offers slightly. Overall trading was modest.