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Home / Metal News / [SMM afternoon Review] South China Aluminum: the absolute price is down by 100 yuan in the market.

[SMM afternoon Review] South China Aluminum: the absolute price is down by 100 yuan in the market.

iconJul 2, 2019 11:54
Source:SMM
The absolute price fell by $100 in the market.

SMM July 2: early afternoon aluminum in the first line of 13650 yuan / ton low shock, today Guangdong spot aluminum ingot transaction price concentrated in 13710 to 13720 yuan / ton, Guangdong and Shanghai price difference maintained at 70 yuan / ton. As the absolute price fell by $100 compared with yesterday, the holder obviously showed poor sales and a strong willingness to push up the price; the lower reaches of the area has a part of the reserve at this low level. On the whole, the spot transaction of aluminum ingots in South China today is OK.

(SMM Li Hao 021 5166 6863)

"Click to view SMM historical price data

 

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