[SMM afternoon Review] East China Aluminum: the downstream bargain is positive today, the overall transaction in East China is better.-Shanghai Metals Market

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[SMM afternoon Review] East China Aluminum: the downstream bargain is positive today, the overall transaction in East China is better.

Translation 11:56:28AM Jun 04, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, June 4 / PRNewswire-Asianet /-

Aluminum month opening performance of the shock down. The transaction price in Shanghai is between 14070 and 14090 yuan / ton, which is about 80 yuan / ton lower than yesterday. For Pingshui to Shengshui 10 yuan / ton in that month, the spot price in Wuxi is between 14070 and 14090 yuan / ton, and the transaction price in Hangzhou is between 14120 and 14140 yuan / ton. Today, the shipping rhythm of the shipowners has maintained a normal state, as the spot aluminum price has fallen for seven days in a row before noon, in line with the psychological price of the market, the superimposed spot circulation is not as loose as the previous period, and some traders and downstream manufacturers have significantly increased their willingness to receive goods on the low side. Receiving the goods today is more active than it was a few days ago. Today, the overall transaction in East China is better.

(Xu Man 021 51595898)

"Click to view SMM historical price data

 

Key Words:  Quotations  aluminum ingots  noon news 

[SMM afternoon Review] East China Aluminum: the downstream bargain is positive today, the overall transaction in East China is better.

Translation 11:56:28AM Jun 04, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, June 4 / PRNewswire-Asianet /-

Aluminum month opening performance of the shock down. The transaction price in Shanghai is between 14070 and 14090 yuan / ton, which is about 80 yuan / ton lower than yesterday. For Pingshui to Shengshui 10 yuan / ton in that month, the spot price in Wuxi is between 14070 and 14090 yuan / ton, and the transaction price in Hangzhou is between 14120 and 14140 yuan / ton. Today, the shipping rhythm of the shipowners has maintained a normal state, as the spot aluminum price has fallen for seven days in a row before noon, in line with the psychological price of the market, the superimposed spot circulation is not as loose as the previous period, and some traders and downstream manufacturers have significantly increased their willingness to receive goods on the low side. Receiving the goods today is more active than it was a few days ago. Today, the overall transaction in East China is better.

(Xu Man 021 51595898)

"Click to view SMM historical price data

 

Key Words:  Quotations  aluminum ingots  noon news