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Home / Metal News / [SMM afternoon Review] South China Aluminum: positive downstream wait-and-see mood among shipholders

[SMM afternoon Review] South China Aluminum: positive downstream wait-and-see mood among shipholders

iconJun 25, 2019 12:07
Source:SMM
There is a renewed wait-and-see mood in the positive downstream of the shipment of the shipowner.

SMM June 25: early afternoon aluminum month shock down, today Guangdong market current ticket transaction price concentrated in 13970 to 13990 yuan / ton, Guangdong and Shanghai price difference expanded to 80 yuan / ton. Due to the rise in absolute prices, the willingness of shippers to ship significantly increased, trading between traders is more active; downstream due to rising prices, coupled with adequate pre-stock, wait-and-see mood again, or only on-demand procurement. On the whole, spot trading in South China today is fine.

(SMM Li Hao 021 5166 6863)

"Click to view SMM historical price data

 

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