SMM, Oct. 9: aluminum in the early afternoon of the month after a brief horizontal plate leakage. The transaction price in the morning market is concentrated at 14060 yuan / ton, and some traders receive the goods at the price of 14070 yuan / ton. Subsequently, aluminum prices fell, spot prices fell, the mainstream transaction fell to 14050-140600 yuan / ton. Because the market supply is more abundant, the holder is difficult to offer, the price difference between Guangdong and Shanghai is maintained at 10 yuan / ton. Today's overall market transactions in general, the consignee slightly wait and see, downstream enterprise procurement strength is not as strong as yesterday.
(SMM Li Hao 021-5166 6863)
Comparison of Price difference between Guangdong and Shanghai of Aluminum Ingot
"Click to view SMM historical price data
"Click online to sign up for the Seventh Aluminum processing Summit in China"
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn