[SMM afternoon Review] South China Aluminum: there has been a marked increase in the number of consignments. Trading is more active today.

SMM July 23: early afternoon aluminum month shock down, today's Guangdong transaction prices concentrated in 13770 to 13780 yuan / ton, Guangdong and Shanghai price difference in-10 yuan / ton, in the current month in the paste 20 yuan / ton, the price difference between Guangdong and Shanghai is-10 yuan / ton, the price difference between Guangdong and Shanghai is-10 yuan / ton, and the price difference is-10 yuan / ton. Due to the decline in absolute prices, the willingness of shippers to ship goods has been reduced compared with the day before, but there has been a marked increase in the number of recipients. The local downstream processing enterprises also have the phenomenon of replenishing the database, and the purchasing strength has been strengthened. On the whole, the spot circulation of aluminum ingots in South China is more active today.

(SMM Li Hao 021 5166 6863)

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