[SMM afternoon Review] South China Aluminum: delivery is close to the middleman's willingness to receive goods, and the downstream is mainly on demand.

Published: Jul 15, 2019 11:57

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The delivery is close to the middleman and the willingness to receive the goods is strong, and the downstream is mainly on demand.

SMM July 15 news: early afternoon aluminum in the month after a small bottom shock upward, today Guangdong aluminum ingot spot transaction price in the morning concentrated in 13820 to 13830 yuan / ton, then aluminum prices rose, spot prices rose to 13840 yuan / ton, Guangdong and Shanghai price difference is still maintained in Pingshui to rise 10 yuan / ton. Today, the delivery of futures, traders more active indirect goods; downstream processing enterprises are mainly on-demand procurement. 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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