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[SMM afternoon Review] South China Aluminum: traders' willingness to receive goods to enhance the overall transaction of the Market

iconJun 10, 2019 11:55
Source:SMM
Traders' willingness to receive goods can enhance the overall transaction of the market.

SMM June 10: early afternoon aluminum in the first line of 13990 yuan / ton weak shock, today's Guangdong market transaction prices concentrated in 14110 to 14120 yuan / ton, Guangdong-Shanghai price difference in 13990 yuan / ton. Due to the recent low absolute prices, traders' willingness to make indirect goods is higher than last Thursday, and local downstream enterprises buy more on demand or hold a wait-and-see attitude. On the whole, the spot market for aluminum ingots in South China today is OK.

(SMM Li Hao 021 5166 6863)

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