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[SMM afternoon Review] South China Aluminum: traders' enthusiasm for Trading has dropped slightly downstream and on demand

iconJun 20, 2019 11:42
Source:SMM
Traders' enthusiasm for trading has dropped slightly, mainly on demand downstream.

SMM June 20: early afternoon aluminum month shock down, today Guangdong transaction prices concentrated in 13970 13980 yuan / ton, Guangdong-Shanghai price difference in 70 yuan / ton. Today, traders trading enthusiasm has dropped slightly, delivery and delivery are not as active as a few days earlier this week; local downstream processing enterprises are mainly on-demand procurement. On the whole, the spot market for aluminum ingots in South China today is fine.

(SMM Li Hao 021 5166 6863)

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