[SMM afternoon Review] East China Aluminum: shippers significantly increase downstream purchases are still dull compared with yesterday

Published: Jun 12, 2019 11:52

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SMM, June 12 / PRNewswire-Asianet /-

Aluminum that month concussion sinking, and then stabilize a narrow range of concussion. The transaction price in Shanghai is between 14050 and 14070 yuan / ton, and the spot price is 10 to 20 yuan / ton. The spot price is basically the same as yesterday. The transaction price in Wuxi is between 14050 and 14070 yuan / ton, and the transaction price in Hangzhou is between 14080 and 14100 yuan / ton. In the morning, the transaction price between Wuxi and Shanghai was between 14060 and 14070 yuan / ton, but due to the fact that the rising water was not reduced near delivery, the shippers shipped more, and there were fewer recipients, and the market circulation source was too abundant. After 11: 00, the actual market quotation began to float, around 14050 to 14060 yuan / ton, and the trading between traders and middlemen was not as active as yesterday. Downstream today, the mood of receiving goods is not high, the purchase is mainly on demand. Today, the overall transaction in East China is average.

(Xu Man 021 51595898)

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