[SMM midday review] East China Aluminum: the circulation of goods is less lax than last week's cardholders slightly higher prices

SMM4, January 1:

Aluminum prices remained volatile in the early afternoon. Shanghai Wuxi area holder quotation is between 11510-11530 yuan / ton, 30 yuan / ton higher than yesterday's price, 50-30 yuan / ton on the surface of the plate, and 11540-11560 yuan / ton in Hangzhou. The recent market spot easing situation is less than last week, some upstream electrolytic aluminum factory shipment is less, the performance cherishes the sale, the trader in the hands of the supply is a little tight, receiving the goods today is very positive, the holder offers the price situation obviously, in addition, a big customer starts this month purchase plan today, overall, the transaction between traders today is still OK. Downstream today is still normal procurement, the willingness to receive goods is general.

(Xu Man 021-51595898)