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

[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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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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