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Home / Metal News / Month-End Cash Squeeze Leaves Trading in South China Aluminum Market Subdued (Oct. 29, 2014)

Month-End Cash Squeeze Leaves Trading in South China Aluminum Market Subdued (Oct. 29, 2014)

Oct 29, 2014 16:34

Source:SMM

Falling SHFE aluminum prices dampened sentiment in south China aluminum market on Wednesday.

SHANGHAI, Oct. 29 (SMM) – Falling SHFE aluminum prices dampened sentiment in south China aluminum market on Wednesday. Cash-starved processors stayed out of the market, so did traders. This pushed mainstream traded prices down to RMB 13,760-13,770/mt.

South China aluminum prices

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Month-End Cash Squeeze Leaves Trading in South China Aluminum Market Subdued (Oct. 29, 2014)

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