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[SMM midday review] South China Aluminum: spot rising Water is stronger, Guangdong and Shanghai Price spread has widened slightly
Apr 14,2020 12:01CST
translation
Source:SMM
Spot rising water strengthened Guangdong-Shanghai price gap widened slightly
The content below was translated by Tencent automatically for reference.

SMM4, 14 March:

Aluminum narrow amplitude concussion. In the morning, there are too many shipments in the spot market in South China, and the effect of high prices by holders is general, and the mainstream transactions are concentrated in the vicinity of 11850 yuan / ton, with a small number of high prices in the range of 11860 yuan / ton. After the suspension of trading, futures fell slightly, traders adjusted the price to a limited extent, and the transaction price was in the range of 1184011850 yuan / ton. The spot price difference between Guangdong and Shanghai widened to 4050 yuan per ton. Out of the warehouse slightly down but to the warehouse situation does not change, the spot to the current month rising water in 30-40 yuan / ton.

(SMM Child Forest 075785511521)

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