AAG

On October 9, south China aluminum: the dips downstream inventory volume is fair

by:AAG     2020-11-08


SMM October 9 - Shanghai noon of aluminum futures contracts that month high back and closed at 16400 yuan/ton. 3030 aluminum guangdong market spot price today focused on the 16280 ~ 16310 yuan/ton, yue Shanghai spreads widened to 110 yuan/tons. After the first day of trading, the downstream to the dips purchase inventory, aluminum futures volatility is bigger, the dealer also more active trading, local processing bar than the first obvious rise, concentrated in 330 ~ 480 yuan/ton, clinch a deal the guangdong market as a whole to fair today. ( Shanghai non-ferrous nets Wang Rui)
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