[SMM midday review] East China Aluminum: trading is not as flat as downstream delivery last week

SMM4, 14 March:

The price of aluminum rose and fell back by noon. Before noon, Shanghai Wuxi area holder quotation in 11790-11810 yuan / ton, compared with yesterday's price is basically the same, to the plate surface sticker 10-liter water 10 yuan / ton, Hangzhou area holder quotation in 11820-11840 yuan / ton. Before noon, the shipper is very active, the middleman is slightly less willing to receive the goods, the two sides can trade, but the actual activity is not as good as last week. Downstream today is still on demand to go mainly, there is no obvious indication of stock. The overall transaction in East China was normal today.

(Xu Man 021-51595898)