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[SMM midday review] South China aluminum: aluminum delivery date aluminum rose spot base is on the strong side
Apr 15,2020 11:53CST
translation
Source:SMM
The delivery date of aluminum rose sharply on the spot basis is on the strong side.
The content below was translated by Tencent automatically for reference.

SMM4, 15 March:

Aluminum high open high walk, strong rise. In the morning, South China spot market shipment, low-price supply trading is good, large customers receive more batches of goods, the mainstream transaction is concentrated in 11950 yuan / ton, a small number of high prices in 11960 yuan / ton; after the suspension of futures shock is strong, but traders receive some weakening, transaction prices in the range of 11940-11960 yuan / ton, a small number of low prices in 11930 yuan / ton. The spot price difference between Guangdong and Shanghai is 40-50 yuan per ton. The arrival of goods continues to be on the low side, inventory is down nearly 10,000 tons from yesterday; today's delivery and exchange month, spot to 05 contract rose to about 50 yuan / ton.

(SMM Child Forest 075785511521)

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