On July 18th south China aluminum: yue Shanghai spreads narrowed market clinch a deal

by:AAG     2020-11-06

SMM July 18 - the Shanghai aluminum futures contracts that month early concussion after opening downward, accelerated by noon or closed at 14280 yuan/ton. Aluminum guangdong area spot transaction price today focused on the 14190 ~ 14230 yuan/ton, yue Shanghai spreads narrowed to about 20 yuan/ton. Because of the downstream processing enterprises order is less, so purchase quantity is limited, hold shipment goods manufacturers is very positive, ample supply to circulation, middlemen dips a little receiving speculation, clinch a deal the guangdong market as a whole is relatively general today. ( Shanghai non-ferrous nets Wang Rui)
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