[SMM afternoon Review] South China Aluminum: the spot trading in Guangdong is better than that in East China in the early afternoon.

Published: Jun 18, 2019 11:47

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In the early afternoon, the spot trading in Guangdong is better than that in East China.

SMM June 18 news: early afternoon aluminum first suppression and then rise, today Guangdong transaction price concentrated in 13920 13940 yuan / ton, Guangdong and Shanghai price difference in 80 yuan / ton. Due to the continued decline in absolute prices, holders slightly cherish the sale, a significant increase in the number of recipients; local downstream processing enterprises are also in the low reserve, procurement efforts increased compared with yesterday. On the whole, the spot aluminum ingot trading in South China today is better than that in East China, which is more active.

(SMM Li Hao 021 5166 6863)

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