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Home / Metal News / [SMM afternoon Review] South China Aluminum: the price difference between Guangdong and Shanghai has slightly narrowed the purchasing strength of the lower reaches.

[SMM afternoon Review] South China Aluminum: the price difference between Guangdong and Shanghai has slightly narrowed the purchasing strength of the lower reaches.

iconJul 9, 2019 12:01
Source:SMM
The price difference between Guangdong and Shanghai has narrowed down slightly, and the purchasing strength in the lower reaches of Guangdong and Shanghai is average.

SMM July 9: early afternoon aluminum shock in the vicinity of 13710 yuan / ton, Guangdong spot transaction prices concentrated in 13740 to 13750 yuan / ton, Guangdong-Shanghai price gap dropped to 40 yuan / ton. Today, traders are more active in indirect goods, holders have a strong willingness to raise prices, and trading is more general; local downstream processing enterprises are not high, procurement efforts are not strong. On the whole, the spot circulation of aluminum ingots in South China today is not as good as yesterday.

(SMM Li Hao 021 5166 6863)

"Click to view SMM historical price data

 

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