Trades in South China Aluminum Market are Weak before Festival (Jun. 19, 2015)

Published: Jun 19, 2015 18:09
SHFE 1507 aluminum started lower and rose slightly on Friday. Main trading prices were RMB 12,660-12,680/mt today for spot aluminum in south China.

SHANGHAI, Jun. 19 (SMM) – SHFE 1507 aluminum started lower and rose slightly on Friday. Main trading prices were RMB 12,660-12,680/mt today for spot aluminum in south China.

Cargo holders shipped goods out as usual while downstream buyers kept cautious and built limited stocks despite the coming Chinese Dragon Boat Festival from June 20-22. Thus, trades failed to pick up considerably.
 

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