Home / Metal News / [SMM afternoon Review] South China Aluminum: the spread between Guangdong and Shanghai slightly expands the overall transaction in the market as a whole.

[SMM afternoon Review] South China Aluminum: the spread between Guangdong and Shanghai slightly expands the overall transaction in the market as a whole.

iconJul 8, 2019 11:58
Source:SMM
The price difference between Guangdong and Shanghai has slightly expanded the overall transaction of the market is more general.

SMM July 8: early afternoon aluminum month shock down, Guangdong spot transaction prices in the morning concentrated in 13790 13800 yuan / ton, Guangdong-Shanghai price difference slightly expanded to 50 yuan / ton. Today, the trading enthusiasm of traders in Guangdong dropped slightly, and the purchasing strength of local downstream enterprises at the beginning of the week was not as strong as last Friday. On the whole, the spot transaction of aluminum ingots in South China today is general.

(SMM Li Hao 021 5166 6863)

"Click to view SMM historical price data

 

Noon news
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn