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

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

iconOct 22, 2019 12:11
Source:SMM
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
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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