[SMM afternoon Review] South China Aluminum: market supply is tight and traders are active in receiving goods

Telah Terbit: Jun 12, 2019 11:54 (GMT+8)
The supply of goods in the market is tight and the traders are active in receiving the goods.

SMM June 12: early afternoon aluminum in the first line of 14045 yuan / ton shock operation, today's Guangdong market transaction prices concentrated in 14170 to 14180 yuan / ton, Guangdong and Shanghai price difference in the vicinity of 110 yuan / ton. Today, the supply of aluminum ingots in Guangdong market is relatively tight, the receipt of goods between traders is more active, and the strength of downstream stock is the same as that at the beginning of the week. On the whole, the spot transaction of aluminum ingots in South China is more positive.

(SMM Li Hao 021 5166 6863)

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