[SMM midday review] South China Aluminum: the market is in a strong mood. The overall trading is not as good as yesterday.

Published: Oct 11, 2019 12:05

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The market is in a strong mood. The overall trading is not as good as yesterday.

SMM, Oct. 11: aluminum in the early afternoon rose slightly that month and quickly leaked. Morning market transaction price concentrated in 13960-13970 yuan / ton, the market trading is OK; then the market price fell, affecting the market reception mood, middlemen and downstream processing enterprises received goods are more wait-and-see, the transaction price fell to 13940-13950 yuan / ton, a small amount of quoted 13920 yuan / ton, but the actual transaction is less. On the whole, the spot circulation of South China aluminum ingots today is generally worse than yesterday.

(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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