Home / Metal News / Aluminium / [SMM Review] East China Aluminum: aluminum Price is stronger combined with Shengshui spot Price over Wan Si pass
[SMM Review] East China Aluminum: aluminum Price is stronger combined with Shengshui spot Price over Wan Si pass
Oct 18,2019 12:05CST
translation
Source:SMM
[SMM Review] East China Aluminum: aluminum Price is stronger combined with Shengshui spot Price over Wan Si pass
The content below was translated by Tencent automatically for reference.

SMM, 18 October:

Aluminum period of the month before noon to maintain the interval shock. In the morning, the quotation in Shanghai Wuxi market was concentrated in the range of 14010-14030 yuan / ton, about 7080 yuan / ton, the supply of goods in the morning market was tight, the quotation of the holder was firm, the middleman received the goods actively, the two sides traded fairly well, and the actual transaction prices in Shanghai and tin markets began to concentrate between 1399014010 yuan / ton after 10: 30, the rising water was the same as in the morning. The price in Hangzhou is between 14030-14050 yuan / ton. Due to the hesitation of Gaosheng underwater middlemen to receive the goods, with the fermentation of the market atmosphere, the shippers began to increase their shipments, less and more state alleviated, 11: 00 after the transaction atmosphere turned light. Downstream manufacturers today on-demand goods, as spot aluminum prices in the high underwater over the ten thousand four levels, and has been rising for four consecutive days, downstream performance wait and see, although approaching the weekend, the actual stock is not as expected. The overall transaction in East China is OK today.

(Xu Man 021-51595898)

 

Quotation
aluminum ingots
afternoon news

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn