South China Aluminum: Spot Trading Remains Slack on Sluggish Consumption
Edited by : AL CIRCLE
1 min read
The SHFE 1212 aluminum contract was mired on Wednesday, without upward momentum to rebound. Downstream producers purchased on an as-needed basis, while cargo holders also held back goods, causing mainstream traded prices to edge down to RMB 15,270-15,290/mt in south China, at mild discounts over prices in Shanghai. Overall trading remained light.