Shanghai Metal Market
South China Aluminum: Goods Holders Hold Price, Transactions Rise
Edited by : AL CIRCLE
1 min read
Rebounding SHFE aluminum prices today helped push up spot aluminum prices in Nanhai, boosting market confidence. As goods holders were more confident towards future aluminum prices, their quotations were generally held stable. Middlemen were active, while only limited downstream buyers entered the market. Overall market transactions slightly improved from previous trading day. Mainstream traded prices of spot aluminum in Nanhai were between RMB 17,610-17,630/mt.
Previous article
East China Aluminum: Spot Price Climbs with Gaining Futures, Reselling Dominates Market
Next articleUS metal price indices fall in August
Grow with
AL Circle
