[SMM midday review] South China Aluminum: middlemen's enthusiasm for receiving goods can still be concluded as a whole.

Published: Oct 22, 2019 12:11

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The enthusiasm of the middleman to receive the goods can still conclude the transaction as a whole.

SMM October 22: early afternoon aluminum small shock upward. Today, the transaction price of the monthly ticket in Guangdong market is concentrated in the vicinity of 13860-13870 yuan / ton, next month ticket transaction is concentrated in the vicinity of 13850 yuan / ton, and the price difference between Guangdong and Shanghai is about 600yuan / ton. Today's shippers are basically flat compared with yesterday, and the middlemen are enthusiastic about receiving the goods. Downstream bargain stock enthusiasm has increased, but the overall still on-demand procurement. Overall, aluminum ingots in South China can be traded today.

(SMM Li Hao 021-5166 6863)

Comparison of Price difference between Guangdong and Shanghai of Aluminum Ingot

"Click to view SMM historical price data

Afternoon news

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