AAG

South Korea aluminum litres of water in a narrow range is subject to fluctuations in high inventory

by:AAG     2020-11-11


foreign media on October 7, traders said, recently, South Korea aluminum litres of water in a narrow range fluctuations, as subject to high inventory. The South Korea aluminum premium is about 62 - tonne 65 dollars, CIF busan benchmark, and approximately 63 - before a week 65 dollars. Some traders report last week said, reach a shipment in October, 1000 tons of aluminum trading, premium for $60 per tonne, CIF incheon benchmark, origin in India. In recent months, incheon, South Korea aluminum litres of water per ton per ton higher than busan 3 - Ten dollars. But in the future for a period of time of South Korea's aluminum premium to split. Aluminum producers, traders believe that South Korea and Japan, although the future for a period of time, South Korea aluminum may be slightly higher premium, while western aluminum market higher material bring pressure to South Korea aluminum litres of water. While western traders tend to think that South Korea aluminum litres of water level is still too high. A producer said, & other; Now South Korea aluminum high premium. Aluminum consumption demand is still in South Korea, but can't digest the stock quickly, and there will be more aluminum inventory flow. ” A western aluminum producers, said & other; South Korea aluminum supply too much, there is no need to buy, unless the premium located below the $50 per ton. ”
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