[SMM afternoon Review] East China Aluminum: a sharp decline in early interphase aluminum transactions are in general.

SMM, July 8 / PRNewswire-Asianet /-

Aluminum futures opened the month that concussion down, a larger decline. The spot price in Shanghai is between 13740 and 13760 yuan / ton, and the rising water on the plate is between 10 and 20 yuan / ton, which is about 50 yuan / ton lower than last Friday. The spot price in Wuxi is between 13740 and 13760 yuan / ton, the average price is slightly higher than that in Shanghai, and the transaction price in Hangzhou is between 1378 and 13800 yuan / ton. Today, there is an adequate supply of goods in the market, and the holders are actively shipping, but the market prices have fallen sharply in the morning, showing slightly higher prices, and the trading between middlemen and traders is still active. Downstream today, there is no obvious procurement of hospitals, the receipt of goods is flat. The overall transaction in East China today is average.

(Xu Man 021 51595898)

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