[SMM afternoon Review] South China Aluminum: general downstream Market Trading shows a little wait and see

Published: Oct 30, 2019 11:59

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The lower reaches of the market trading is generally on the sidelines.

SMM, Oct. 30: aluminum fluctuates in a narrow range in the early afternoon. At the beginning of the market quotation 13910-13920 yuan / ton, but few transactions; after 10:00, the transaction price gradually concentrated in 13900 yuan / ton, Guangdong and Shanghai price difference in the vicinity of 13900 yuan / ton, on the same month near Pingshui. Today's market trading is OK, middlemen enthusiasm for receiving goods in general, downstream on-demand-based, some wait-and-see attitude. On the whole, aluminum ingots in South China can be traded today, not as good as yesterday.

(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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