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Home / Metal News / [SMM Review] South China Aluminum: aluminum continues to fall in the early afternoon. Shippers are enthusiastic about shipments.

[SMM Review] South China Aluminum: aluminum continues to fall in the early afternoon. Shippers are enthusiastic about shipments.

iconOct 14, 2019 12:00
Source:SMM
Aluminum continues to fall in the early afternoon. Shippers are enthusiastic about shipments.

SMM, Oct. 14: the market fluctuated slightly before noon. This morning, the transaction price in Guangdong market was concentrated at 13780-13790 yuan / ton, and after 10:00, the price was concentrated at 13770-13780 yuan / ton, and the price difference between Guangdong and Shanghai was about 10 yuan / ton. Today, Guangdong holders enthusiastically out of the goods, middlemen receive the goods in general, show more wait and see. Most of the downstream procurement is based on rigid demand, and there is a part of low replenishment behavior. On the whole, the spot trading of aluminum ingots in South China today is OK.

(SMM Li Hao 021-5166 6863)

Comparison of Price difference between Guangdong and Shanghai of Aluminum Ingot

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Afternoon news

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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