[SMM midday review] South China Aluminum: after the festival, the normal replenishment of the downstream reservoir in Guangdong is still available.

Published: Oct 8, 2019 12:17

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After the festival, the normal replenishment of the downstream reservoir in Guangdong is still available.

SMM, Oct. 8: before noon, the aluminum shock rose after the performance of the horizontal plate. Guangdong area in the morning a small amount of 14050 yuan / ton transaction, and then aluminum prices rose, the transaction price rose to 14050-14060 yuan / ton, Guangdong and Shanghai price difference close to 10 yuan / ton. Today, traders can conclude transactions, downstream National Day return has a certain replenishment, transactions can be concluded.

(SMM Li Hao 021-5166 6863)

Comparison of Price difference between Guangdong and Shanghai of Aluminum Ingot

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Afternoon news

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