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Weak South China Aluminum Undermines Investors Confidence (Jun. 18, 2015)

iconJun 18, 2015 16:20
SHFE 1507 aluminum rebounded on Thursday after a low. Trading prices for spot aluminum were RMB 12,650-12,660/mt today in south China market.

SHANGHAI, Jun. 18 (SMM) – SHFE 1507 aluminum rebounded on Thursday after a low. Trading prices for spot aluminum were RMB 12,650-12,660/mt today in south China market.

Investors remained cautious because of weak confidence in aluminum prices. Cargo holders actively moved goods out but not in a large number this morning whereas downstream buyers majorly purchased on need.
 

south China aluminum prices
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