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[SMM midday review] South China Aluminum: the downstream procurement strength has slightly improved and the overall transaction is more active.
Oct 23,2019 12:13CST
translation
Source:SMM
Downstream procurement has slightly improved the overall transaction is more active
The content below was translated by Tencent automatically for reference.

SMM, Oct. 23: pre-noon aluminum horizontal plate finishing. Today, the transaction price of aluminum ingots in South China is concentrated in 13880-13890 yuan / ton, and the price difference between Guangdong and Shanghai is about 70-60 yuan / ton. Trading sentiment of traders today is basically flat compared with yesterday, downstream because of concerns about rising prices, some of today's stock, procurement efforts slightly stronger than the previous day. On the whole, the transaction of aluminum ingots in South China is better 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

 

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