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[SMM Review] South China Aluminium: small increase in Post-festival inventory Adjustment of Aluminum Base difference in Guangdong Province
May 6,2020 12:02CST
translation
Source:SMM
A small increase in Post-season inventory and High Adjustment of Aluminum Base difference in Guangdong Province
The content below was translated by Tencent automatically for reference.

SMM5, June 6:

Before noon, South China spot market shipment, traders inquire more to receive less, large customers offer less, the mainstream transaction price in 13150-13160 yuan / ton, a small number of low prices in 13140 yuan / ton; after the suspension of futures narrow volatility, poor demand for shippers down quotation shipment, the mainstream price in 13120-13140 yuan / ton. The spot price difference between Guangdong and Shanghai is maintained at 150-170 yuan per ton. During the holiday, a small number of goods arrived in Guangdong, including some East China transhipment sources, inventory increased slightly compared with before the festival, Shanghai aluminum 05 / 06 difference in 120-180 yuan / ton wide fluctuation, spot to 05 contract rose in 220-260 yuan / ton, the base difference high adjustment.

(SMM Child Forest 075785511521)

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