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

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

iconOct 30, 2019 11:59
Source:SMM
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
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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