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[SMM midday review] East China Aluminum: the overall transaction of downstream on-demand goods is mediocre.
Apr 9,2020 12:08CST
translation
Source:SMM
[SMM midday review] East China Aluminum: the overall transaction of downstream on-demand goods is mediocre.
The content below was translated by Tencent automatically for reference.

SMM4, 9 May:

The aluminum price range fluctuates widely before noon. In the morning Shanghai Wuxi area holder quotation is between 11600-11620 yuan / ton, compared with yesterday's price increases 60 yuan / ton, the Prophase holder although the shipment is active but relatively high price, the middleman inquiry is active but actually receives the goods not much, the two sides deal slightly stalemate, 11:30 later aluminum upstream, the holder quotation also has the raise, but at this time the trading heat falls back to the market few transactions, the Hangzhou area spot price concentrates in 11610-11630 yuan / ton. Downstream procurement on demand today, there is no bright spot. The overall transaction in East China was flat today.

(Xu Man 021-51595898)

 

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