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[SMM afternoon Review] East China Aluminum: the actual transaction of the middleman is slightly deadlocked and the downstream delivery is flat.
Jun 11,2019 11:48CST
translation
Source:SMM
[SMM afternoon Review] East China Aluminum: the actual transaction of the middleman is slightly deadlocked and the downstream delivery is flat.
The content below was translated by Tencent automatically for reference.

SMM, June 11 / PRNewswire-Asianet /-

Aluminum period of the month opened upward, and then to interval concussion as the main. The spot price in Shanghai is between 14050 and 14070 yuan / ton, and the exchange price is up 10 to 20 yuan / ton, nearly 50 yuan / ton higher than yesterday, and the spot price in Wuxi is between 14050 and 14070 yuan / ton. In the past two days, the spot price in Shanghai is about 10 yuan / ton lower than that in Wuxi, and the spot price is more relaxed than that in Wuxi. Hangzhou transaction is between 14070 and 14090 yuan / ton. Today, a large household in East China receives less, the market supply is sufficient, the holder is active in shipping, and the buyer and seller are active in making inquiries, but the shipping price of the holder is often slightly higher than that of other middlemen. The actual transaction is slightly deadlocked. Due to rising prices, downstream willingness to receive goods is not strong, today's on-demand procurement, the performance is mediocre. Today, the overall transaction in East China is average.

(Xu Man 021 51595898)

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