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Home / Metal News / [SMM afternoon Review] South China Aluminum: the trading atmosphere of aluminum shock downward market in the early afternoon is not as good as last Friday.

[SMM afternoon Review] South China Aluminum: the trading atmosphere of aluminum shock downward market in the early afternoon is not as good as last Friday.

iconJul 1, 2019 11:56
Source:SMM
Early afternoon aluminum shock down the market trading atmosphere is not as good as last Friday

SMM July 1: early afternoon aluminum month shock downward, Guangdong spot transaction price in the morning concentrated in 13830 to 13840 yuan / ton, then aluminum futures monthly price down, the transaction price dropped to 13820 to 13830 yuan / ton, Guangdong and Shanghai price difference in the vicinity of 90 yuan / ton. The quotation of the holder among the traders is relatively strong, and the downstream processing enterprises purchase more on demand or hold a wait-and-see attitude, and the buying interest is not high. Overall, the spot trading of aluminum ingots in South China is OK, not as good as last Friday.

(SMM Li Hao 021 5166 6863)

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