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[SMM afternoon Review] South China Aluminum: aluminum shock consolidation traders are more active in the early afternoon.

iconJun 5, 2019 11:42
Source:SMM
The trading of aluminum shock consolidation traders is more active in the early afternoon.

SMM June 5: early afternoon aluminum to maintain a volatile consolidation posture, today's Guangdong market transaction prices concentrated in 14190-14200 yuan / ton, Guangdong-Shanghai price difference maintained at 80 yuan / ton. The trading atmosphere among traders is flat compared with yesterday, and the delivery and receiving of goods are more active; the local downstream enterprises are mainly based on-demand procurement. Today, the spot circulation of aluminum ingots in South China is mainly traded by traders, and the transaction as a whole is OK.

(SMM Li Hao 021 5166 6863)

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