[SMM afternoon Review] South China Aluminum: the spread between Guangdong and Shanghai has narrowed to 70 yuan per ton.

SMM June 17: early afternoon aluminum shock down, today's Guangdong market transaction prices concentrated in 13950-13960 yuan / ton, Guangdong-Shanghai price difference dropped to 70 yuan / ton. Today, traders' enthusiasm for indirect goods has declined, as the absolute price has dropped obviously, and the purchasing enthusiasm of downstream processing enterprises has also dropped, more on demand or holding a wait-and-see attitude. On the whole, the spot trading of aluminum ingots in South China today is light.

(SMM Li Hao 021 5166 6863)

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