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[SMM midday review] South China Aluminum: downstream Purchasing enthusiasm cuts overall transaction General
Oct 24,2019 12:07CST
translation
Source:SMM
Downstream procurement enthusiasm to reduce the overall transaction in general
The content below was translated by Tencent automatically for reference.

SMM10 24: early afternoon aluminum shock downward. The transaction price in Guangdong market is concentrated in 13940-13950 yuan / ton, and the price difference between Guangdong and Shanghai is about 60 yuan / ton. Absolute prices continue to rise today, shippers are more active, but middlemen are willing to receive goods in general, downstream procurement slightly wait and see, on demand, enthusiasm is not as good as yesterday. Overall, today's Guangdong aluminum ingots spot trading in general.

(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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