[SMM midday review] South China Aluminum: inventory continues to fall, aluminum prices rise slightly, Guangdong-Shanghai spread remains high

Telah Terbit: Apr 27, 2020 12:09
Inventory continues to fall, aluminum prices rise slightly and spread between Guangdong and Shanghai remains high

SMM4, 27 March:

Today, South China spot market shipment, the supply of monthly tickets are few and rising transactions, large customers continue to receive goods, the transaction price in 1274012750 yuan / ton, a small number of low prices in 12730 yuan / ton; after the suspension of futures shock slightly higher, spot quotation does not rise but fall, next month ticket supply, transaction price in 12720-12740 yuan / ton range. The spot price difference between Guangdong and Shanghai is maintained at 220-240 yuan per ton. Over the weekend, the increase in delivery of goods is limited, inventory decline is more than 10,000, Guangdong spot remains strong, Shanghai aluminum 05 / 06 difference in 80-100 yuan / ton fluctuation, spot to 05 contract rising water maintained at 300 yuan / ton, the pre-festival base difference has room to fall.

(SMM Child Forest 075785511521)

"Click to view SMM historical price data

 

Pernyataan Sumber Data: Kecuali informasi yang tersedia untuk publik, semua data lainnya diproses oleh SMM berdasarkan informasi publik, komunikasi pasar, dan mengandalkan model database internal SMM. Hanya untuk referensi dan tidak menjadi rekomendasi pengambilan keputusan.

Untuk pertanyaan atau informasi lebih lanjut, silakan hubungi: lemonzhao@smm.cn
Untuk informasi lebih lanjut tentang cara mengakses laporan penelitian kami, hubungi:service.en@smm.cn
[SMM midday review] South China Aluminum: inventory continues to fall, aluminum prices rise slightly, Guangdong-Shanghai spread remains high - Shanghai Metals Market (SMM)