SMM October 10: early afternoon aluminum short horizontal plate after the shock downward. This morning, the transaction price in Guangdong was concentrated at 13990 yuan / ton, and then the price rose, and the price concentrated in 13970-13990 yuan / ton, and the price difference between Guangdong and Shanghai was 10 yuan / ton. Due to the Guangdong festival period to this week's aluminum factory concentrated to more goods, the market supply is sufficient, the shippers are more willing to ship, the price is difficult to maintain strong. Downstream processing enterprises procurement on-demand-based, there is no bright spot. Overall, trading in Guangdong is flat today.
(SMM Li Hao 021-5166 6863)
Comparison of Price difference between Guangdong and Shanghai of Aluminum Ingot
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