Aluminum consumption in south China was sluggish on Tuesday as slump in SHFE 1507 aluminum contract turned buyers bearish and as cash crunch bites in at month-end.
SHANGHAI, Jun. 30 (SMM) – Aluminum consumption in south China was sluggish on Tuesday as slump in SHFE 1507 aluminum contract turned buyers bearish and as cash crunch bites in at month-end. This caused mainstream traded prices to fall to RMB 12,510-12,530/mt.
South China aluminum prices
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