Trading Turns Brisk in South China Market after SHFE Aluminum Falls, SMM Reports

Aug 23, 2017 15:43

Traders were active in south China spot aluminum market today after SHFE aluminum went down.

SHANGHAI, Aug. 23 (SMM) – Traders were active in south China spot aluminum market today after SHFE aluminum went down.

Citi and Societe Generale Express Divergent Views over Base Metals Price Outlook

Downstream producers, by contrast, remained inactive in buying.

Industry Insiders Bullish over Base Metals in H2 2017

Mainstream traded prices were 15,950-15,970 yuan/tonne in Guangdong, premium of 50 yuan/tonne over Shanghai.

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SHFE aluminum prices

aluminum prices

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Trading Turns Brisk in South China Market after SHFE Aluminum Falls, SMM Reports

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