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[SMM afternoon Review] South China Aluminum: traders are more active in downstream basic on-demand procurement of indirect goods
Jun 24,2019 11:58CST
translation
Source:SMM
Active downstream basic on-demand procurement of indirect goods by traders
The content below was translated by Tencent automatically for reference.

SMM June 24: early afternoon aluminum month concussion operation, today Guangdong transaction price concentrated in 13890 13900 yuan / ton, to the current month ticket transaction mainly, some next month ticket to 13900 yuan / ton transaction. The price difference between Guangdong and Shanghai is about 70 yuan per ton. Today, traders are active in indirect goods, but holders of goods slightly cherish the sale, strong willingness to push up the price. Downstream processing enterprises basically purchase on demand. On the whole, spot trading of aluminum ingots in South China is more active today.

(SMM Li Hao 021 5166 6863)

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