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Home / Metal News / [SMM afternoon Review] South China Aluminum: the Price difference between Guangdong and Shanghai has obviously narrowed down and the market transaction is flat

[SMM afternoon Review] South China Aluminum: the Price difference between Guangdong and Shanghai has obviously narrowed down and the market transaction is flat

iconJul 5, 2019 12:05
Source:SMM
The price difference between Guangdong and Shanghai has obviously narrowed down and the market transaction is flat.

SMM July 5: early afternoon aluminum month shock catharsis, Guangdong spot transaction prices in the morning concentrated in 13820 to 13840 yuan / ton, Guangdong and Shanghai price difference narrowed to 30 yuan / ton. Today, the trading enthusiasm of traders in Guangdong is not as enthusiastic as that in eastern China, and the willingness of the holders to ship goods is stronger, but there are fewer recipients, and some of the goods are stocked downstream near the weekend, but the buying interest is not as good as last Friday. On the whole, the spot circulation of aluminum ingots in South China today is mainly traded by traders, and the transaction is flat.

(SMM Li Hao 021 5166 6863)

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