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[SMM midday review] East China Aluminum: the circulation of goods is less lax than last week's cardholders slightly higher prices
Apr 1,2020 12:04CST
translation
Source:SMM
[SMM midday review] East China Aluminum: shippers are more active and downstream in general
The content below was translated by Tencent automatically for reference.

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)

 

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aluminum ingots
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