SMM July 23 News:

Aluminum trading in the current month to the opening of the interval shock-based, the second stage of the transaction slightly sunk. In the morning, the transaction price between Shanghai and Wuxi was between 13790 and 13800 yuan / ton, and the price was nearly 50 yuan / ton lower than yesterday's price near 10 yuan / ton. In the second trading stage, the transaction price was concentrated around 13780-13790 yuan / ton, but the transaction activity in the later stage was much lower than that in the morning. Hangzhou aluminum ingot transaction price was between 13790 and 13810 yuan / ton. In the morning, a large household in East China to maintain the pace of receiving goods, the holder shipment is OK, due to the price drop shipping middlemen and traders to receive goods is very active, buyers and sellers active trading, but the transaction price is more stalemate, the fluctuation range is small. Due to the fall in aluminum prices, downstream today's receipt of goods is OK, but due to yesterday's partial replenishment, today's purchase volume has not increased significantly. On the whole, the transaction in East China is better today.

(Xu Man 021 51595898)

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