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[SMM midday review] East China Aluminum: East China transactions can be completed by noon and can be left downstream on demand.

iconApr 15, 2020 11:57
Source:SMM
[SMM midday review] East China Aluminum: East China transactions can be completed by noon and can be left downstream on demand.

SMM4, 15 March:

Aluminum prices fluctuated upwards by noon. In the morning, the price quoted by the holder in Wuxi area of Shanghai is between 11880-11900 yuan / ton, which is 90 yuan / ton higher than yesterday's price. 20 yuan / ton to Pingshui, and 11910-11920 yuan / ton in Hangzhou area. Before noon, the shipper was very active, and the middleman received the goods more actively. A large customer received nearly 10,000 tons of goods today, and the transaction between the buyer and the seller was OK. Downstream today is still on demand to go mainly, receiving goods mediocre. The overall transaction in East China is OK today.

(Xu Man 021-51595898)

 

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