Home / Metal News / Aluminium / [SMM afternoon Review] South China Aluminum: aluminum prices continue to rise, inventory increases slightly, spot water continues to fall.
[SMM afternoon Review] South China Aluminum: aluminum prices continue to rise, inventory increases slightly, spot water continues to fall.
Jul 2,2020 12:11CST
translation
Source:SMM
Aluminum prices continue to rise, inventory increases slightly, spot prices rise and water continues to fall.
The content below was translated by Tencent automatically for reference.

SMM, July 2:

Before noon, the South China market mainly shipped goods, the price change was small, and large households continued to purchase, with the mainstream transaction price in the range of 14460 won 14470 yuan / ton; the second time futures fluctuated, the spot price fell, and the transaction price fell from 14470 yuan / ton to 14430 yuan / ton. the average spot price / small discount in the morning. The spot price difference between Guangdong and Shanghai is maintained at 40 murals of 60 yuan per ton. Spot to 07 contract water fell to 180 murals 200 yuan / ton, Shanghai Aluminum 07 / 08 difference in 230 murals 270 yuan / ton, aluminum prices rose spot slightly weak, market transactions in general, the basis to maintain a downward trend.

(SMM Tong Lin 0757Mui 85511521)

"Click to view SMM historical price data

 

In the afternoon

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn