[SMM afternoon Review] South China Aluminum: early afternoon aluminum shock upward, market trading is better than yesterday

SMM July 18 news: early afternoon aluminum short position reduction, price shock upward, this morning Guangdong transaction price concentrated in 13820 to 13830 yuan / ton, as the market floated, the transaction price gradually rose to 13830 to 13840 yuan / ton, the price difference between Guangdong and Shanghai was maintained in the vicinity of 20 yuan / ton. Today, traders in Guangdong are more willing to raise prices, and there are more recipients than yesterday. Downstream enterprises purchase more on demand. On the whole, the spot trading of aluminum ingots in South China today is still dominated by traders, and the market transaction is better than yesterday.

(SMM Li Hao 021 5166 6863)

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