[SMM afternoon Review] South China Aluminum: downstream Buxing raises the Price difference between Guangdong and Shanghai to near Pingshui

Published: Jul 24, 2019 11:44
Downstream Buy Xing raises the Price difference between Guangdong and Shanghai to near Pingshui

SMM July 24: early afternoon aluminum month shock upward, today Guangdong trading prices concentrated in 1378 to 13790 yuan / ton, Guangdong-Shanghai price difference rose slightly to near Pingshui. Today, the intention of the holder to push up the price is obvious, and the middleman is also more active; the local downstream processing enterprises buy and promote, and the purchasing intensity is higher than that of the lower reaches of East China. On the whole, the spot transaction of aluminum ingots in Guangdong is better today.

(SMM Li Hao 021 5166 6863)

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