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[SMM midday review] East China Aluminum: rising Water to maintain High level and Lower reaches of General replenishment on Monday

iconOct 28, 2019 12:03
Source:SMM
[SMM midday review] East China Aluminum: rising Water to maintain High level and Lower reaches of General replenishment on Monday

SMM, 28 October:

Aluminum in the current month before noon to maintain interval fluctuations. The spot price in Wuxi is between 1398014000 yuan / ton, the rising water on the disk is about 100-110 yuan / ton, and the spot price in Shanghai is 13970-13990 yuan / ton. Compared with last Friday, the price is basically the same, and the spot price in Hangzhou is 1399014010 yuan / ton. Today, the shipper shipment is still not much, the middleman receiving goods is still active, the two sides can trade, rising water high performance of the spot market is tight. Today, the downstream is still mainly on-demand goods, not a large number of replenishment, Gaosheng water hold a wait-and-see attitude. The overall transaction in East China was normal today.

(Xu Man 021-51595898)

 

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