[SMM Review] South China Aluminum: the supply of goods in the market is relatively sufficient, and the price spread between Guangdong and Shanghai is maintained at around 10 yuan / ton.

Published: Oct 9, 2019 12:14

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The supply of goods in the market is relatively sufficient, and the price difference between Guangdong and Shanghai is maintained at around 10 yuan / ton.

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

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