[SMM afternoon Review] South China Aluminum: early afternoon aluminum shock upstream market trading is more active

Published: Jul 25, 2019 11:47

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Early afternoon aluminum shock upstream market trading is more active

SMM July 25: early afternoon aluminum shock upward, today's Guangdong market aluminum ingots spot trading prices concentrated in 13870 to 13890 yuan / ton, due to the long single delivery date approaching, the market monthly ticket aluminum ingots are more tight, the holder's willingness to push forward is stronger, the number of recipients is significantly increased. Next month, most of the ticket prices are around 13770 yuan per ton, and the price difference between Guangdong and Shanghai is maintained near Pingshui. Local downstream processing enterprises also have replenishment phenomenon, as a whole, today's South China aluminum spot market atmosphere is active, mainly traders trading.

(SMM Li Hao 021 5166 6863)

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