SMM South China Aluminium Spot: With the settlement day for long positions approaching, the spot market in South China is rapidly collapsing. On December 21, the night trading of Shanghai aluminium opened high but fell, gradually recovering from the low in the morning. The main contract made slight adjustments today. Even though the inventory in South China remains relatively strong, after six consecutive increases in aluminium prices, the market generally expects the high premium to inevitably decline. On Thursday, the spot market collapsed rapidly, with limited downward adjustment in prices unable to change the move by holders to sell off their goods. The quoted discount continued to significantly expand from -30 to -50, with traders showing no intention to buy and waiting for lower entry opportunities. Some downstream demand has gradually returned to low processing fees for aluminium rods, with poor turnover performance...
데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.