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[SMM afternoon Review] South China Aluminum: in the early afternoon, the price gap between Guangdong and Shanghai continued to narrow after the suppression of aluminum in the early afternoon.
Jul 10,2019 11:57CST
translation
Source:SMM
In the early afternoon, the price difference between Guangdong and Shanghai continued to narrow after aluminum suppression.
The content below was translated by Tencent automatically for reference.

SMM7 month 10 news: early afternoon aluminum first suppression and then rise, today Guangdong spot transaction price in the morning concentrated in 13740 to 13750 yuan / ton, and then rose, spot price rose, transaction price concentrated in 13750 to 13760 yuan / ton, Guangdong and Shanghai price difference narrowed to 30 yuan / ton, for the current month rising water 30 to 40 yuan / ton, the price difference between Guangdong and Shanghai narrowed to 30 yuan / ton, the price of Guangdong and Shanghai narrowed to 30 yuan / ton, and the price difference between Guangdong and Shanghai narrowed to 30 yuan / ton, and the rising water of that month was 30 yuan / ton. As the absolute price rose compared with yesterday, the holder's willingness to ship is more positive, the number of recipients has also increased; downstream mainly on demand, procurement efforts are basically the same as yesterday. On the whole, the spot circulation of aluminum ingots in South China today is OK.

(SMM Li Hao 021 5166 6863)

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