[SMM afternoon Review] East China Aluminum: market wait-and-see sentiment rises again downstream Friday stock mood is not high

Published: Jul 12, 2019 12:01

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SMM, July 12 / PRNewswire-Asianet /-

The opening of aluminum in the current month is dominated by interval concussion. In the morning, the transaction price between Shanghai and Wuxi was between 13700 yuan and 13710 yuan / ton, and the spot price began to concentrate between 13720 yuan / ton and 13730 yuan / ton after 10: 30. the spot price in Hangzhou was between 13730yuan / ton and 13730yuan / ton, which was nearly 80 yuan / ton lower than yesterday's price, and the spot price in Hangzhou was between 13730yuan / ton and 13750 yuan / ton. Today, spot aluminum prices almost gave up all the increases the day before, the market wait-and-see mood rose again, early delivery of goods is still more active, traders trading enthusiasm, after 10: 30 to consider the market price is appropriate, traders and middlemen began to pick up the goods, the transaction is OK. However, the downstream end due to weaker orders, coupled with the price wait-and-see, today's stock mood is not high, although the receipt of goods is better than yesterday, but still lower than the market expected level of stock. Today, the overall transaction in East China is average.

(Xu Man 021 51595898)

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