[SMM afternoon Review] East China Aluminum: spot rose nearly 100 yuan to increase downstream performance

Published: Jul 4, 2019 11:59
[SMM afternoon Review] East China Aluminum: spot rose nearly 100 yuan to increase downstream performance

SMM, July 4 / PRNewswire-Asianet /-

Aluminum period of the month before noon to maintain the range concussion. The transaction price between Wuxi and Shanghai was between 13740 and 13760 yuan / ton, up 10 to 20 yuan / ton for the current month, about 90 yuan / ton from yesterday, and between 13790 and 13800 yuan / ton in Hangzhou. The trading price in Shanghai and Wuxi was between 13740 and 13760 yuan / ton, up 10 to 20 yuan / ton, about 90 yuan / ton from yesterday, and between 13790 and 13800 yuan / ton in Hangzhou. Today, aluminum prices rose sharply, with some of the holders holding low prices yesterday to start with the supply of goods. Today, they are actively shipping, middlemen and traders are actively reloading goods, and there is also a purchase volume of nearly 8,000 tons in a large market. Downstream fear of high, today's performance on the sidelines, the overall willingness to purchase is not high, the receipt of goods is flat. The transaction in East China today is slightly better than that of yesterday.

(Xu Man 021 51595898)

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[SMM afternoon Review] East China Aluminum: spot rose nearly 100 yuan to increase downstream performance - Shanghai Metals Market (SMM)