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[SMM afternoon Review] South China Aluminum: Guangdong-Shanghai spread continues to narrow downstream receiving less than previous Friday
Jul 19,2019 12:11CST
translation
Source:SMM
The price difference between Guangdong and Shanghai continues to narrow down the river to receive goods less than on previous Fridays.
The content below was translated by Tencent automatically for reference.

SMM July 19: early afternoon aluminum performance fell back, this morning in Guangdong, the transaction price concentrated in 13900 to 13910 yuan / ton, the month in the paste 20 yuan / ton, Guangdong and Shanghai price difference narrowed to-10 yuan / ton. Today, trading between traders is more active, the market more and less, the atmosphere is more flat than yesterday; downstream enterprises to receive goods less than the usual Friday, more on-demand procurement or wait-and-see attitude. On the whole, the spot trading of aluminum ingots in South China today is OK.

(SMM Li Hao 021 5166 6863)

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