[SMM midday review] East China Aluminum: the actual transaction performance of spot prices crossing the Wansi pass is average.

Published: Oct 24, 2019 12:03

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SMM, 24 October:

Aluminum in the current month before noon to maintain a narrow range of shocks. The spot price in Shanghai is between 1398014000 yuan / ton, and the spot price in Wuxi market is 1399014010 yuan / ton. The spot price in East China is 50 yuan / ton higher than that of yesterday. The difference between the spot price of next month and that month is less than 20 yuan / ton. The spot price of individual warehouses is 20 yuan / ton lower than the main current price. The spot price in Hangzhou is between 1399014010 yuan / ton. The situation today is similar to that of yesterday. Due to the upgrading of the VAT system tomorrow, the related affairs related to the issuance of tickets have stopped, and the number of ticket goods issued by the holders in the market has decreased for the current month. Most of them are next month's tickets. Middlemen are still actively receiving the goods, but on the whole, the transactions between buyers and sellers are still deadlocked. Downstream on-demand goods, a small amount of stock, the overall performance is general. The overall transaction in East China was flat today.

(Xu Man 021-51595898)

Quotation aluminum ingots afternoon news

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