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[SMM afternoon Review] East China Aluminum: the willingness to pick up goods downstream near the weekend is better.
Jul 5,2019 11:50CST
translation
Source:SMM
[SMM afternoon Review] East China Aluminum: the willingness to pick up goods downstream near the weekend is better.
The content below was translated by Tencent automatically for reference.

SMM, July 5 / PRNewswire-Asianet /-

The aluminum period maintained a narrow range of fluctuations before noon of the current month. The transaction price between Wuxi and Shanghai was between 13790 and 13810 yuan / ton, up 10 to 20 yuan / ton for the current month, about 30 yuan / ton from yesterday, and between 13820 and 13840 yuan / ton in Hangzhou. The transaction price between Shanghai and Wuxi was between 13790 and 13810 yuan / ton, up 10 to 20 yuan / ton, about 30 yuan / ton from yesterday, and 13820 to 13840 yuan / ton in Hangzhou. There is an adequate supply of goods in the market today, as the price of aluminum has risen for two days in a row, and the holder has started the supply at a low level a few days ago, so the shipment is active today. Some middlemen who signed the weekly or monthly average purchase order picked up the goods actively today. Resale spot is also more active, and trading enthusiasm with traders. Due to the demand for stock near the weekend, there is a significant increase in the willingness to receive goods today, and the buying status is significantly better than that of the previous two days. East China as a whole is better today than yesterday.

(Xu Man 021 51595898)

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