[SMM afternoon Review] South China Aluminum: the price difference between Guangdong and Shanghai rises to 40 yuan per ton.

Published: Aug 29, 2019 11:50

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The price difference between Guangdong and Shanghai rises to 40 yuan per ton.

SMM August 29 news: early afternoon aluminum in the month opened quickly, the end of the plate picked up slightly. Today, the transaction price in Guangdong is concentrated in 14300 to 14310 yuan / ton, the trading is active, the holder's willingness to push for the price is obvious, and the middleman's enthusiasm for receiving goods is flat compared with yesterday. The local downstream processing enterprises are mainly based on rigid demand procurement, because the price fluctuates also has the reserve behavior. On the whole, spot trading of aluminum ingots in South China is more active today, and the price difference between Guangdong and Shanghai has risen to 40 yuan per ton.

(SMM Li Hao 021 5166 6863)

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