Shanghai Metals Market
South China Aluminum: Deals are Limited in Spot Market
Edited by : AL CIRCLE
1 min read
The most active SHFE aluminum contract prices struggled on Wednesday, depressing market in South China. Downstream buyers were of low buying interest over strong bearish sentiments, while cargo holders were reluctant to move goods at lower prices and held at RMB 16,160/mt, leaving stalemate between buyers and sellers at RMB 16,160-16,180/mt. Deals were quite limited.
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