[SMM afternoon Review] East China Aluminum: spot prices fall back on Friday afternoon downstream to pick up goods at a low price

Published: Jun 21, 2019 11:43

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SMM, June 21 / PRNewswire-Asianet /-

Aluminum open the month to maintain range volatility. Shanghai spot trading price in 13860 to 13880 yuan / ton, the current month flat water to rise 10 yuan / ton, down 30 yuan / ton from yesterday's price. The spot price in Wuxi is between 13870 yuan and 13890 yuan per ton, while the spot price in Hangzhou is concentrated at 13900 yuan to 13920 yuan per ton. Traders and middlemen are active today, with more shippers. There has also been a marked increase in the number of traders replenishing goods at bargains as prices fell today compared with yesterday and there was a demand for stock downstream near the weekend. There was a marked increase in shipments today over a few days ago. On the whole, the transaction in East China is better today.

(Xu Man 021 51595898)

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