[SMM afternoon Review] South China Aluminum: early afternoon aluminum shock downward market trading is more active

Published: Jun 4, 2019 11:45
Early afternoon aluminum shock down market trading is more active

SMM June 4: early afternoon aluminum shock down, today's Guangdong market transaction prices concentrated in 14160-14170 yuan / ton, Guangdong-Shanghai price difference maintained at 80 yuan / ton. Due to the decline in absolute prices, traders have increased the number of indirect buyers and active trading, and local downstream enterprises have also prepared goods due to the approach of the Dragon Boat Festival holiday. Overall, spot transactions of aluminum ingots in South China today are more active, unchanged from yesterday.

(SMM Li Hao 021 5166 6863)

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