[SMM afternoon Review] South China Aluminum: Guangdong-Shanghai spread continues to narrow downstream receiving less than previous Friday

SMM July 19: early afternoon aluminum performance fell back, this morning in Guangdong, the transaction price concentrated in 13900 to 13910 yuan / ton, the month in the paste 20 yuan / ton, Guangdong and Shanghai price difference narrowed to-10 yuan / ton. Today, trading between traders is more active, the market more and less, the atmosphere is more flat than yesterday; downstream enterprises to receive goods less than the usual Friday, more on-demand procurement or wait-and-see attitude. On the whole, the spot trading of aluminum ingots in South China today is OK.

(SMM Li Hao 021 5166 6863)

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