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[SMM midday review] South China aluminum: more market, less supply, Guangdong market, sufficient supply
Oct 10,2019 11:59CST
translation
Source:SMM
More market, less supply, Guangdong market is full of goods.
The content below was translated by Tencent automatically for reference.

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)

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