Home / Metal News / Aluminium / [SMM midday review] East China Aluminum: spot prices fluctuate sharply before noon and the market as a whole can be closed as a whole.
[SMM midday review] East China Aluminum: spot prices fluctuate sharply before noon and the market as a whole can be closed as a whole.
May 14,2020 12:05CST
translation
Source:SMM
[SMM midday review] East China Aluminum: spot prices fluctuate sharply before noon and the market as a whole can be closed as a whole.
The content below was translated by Tencent automatically for reference.

SMM5, 14 March:

Aluminum wide concussion in the early afternoon. In the morning, the spot price in Wuxi area of Shanghai is between 12790-12810 yuan / ton, the discount water is between 10-10 yuan / ton, the holder is normal delivery, the middleman can receive the goods, superimposed a large household normal purchase today, overall, the transaction between buyers and sellers is more active, with the aluminum price center of gravity floating and rising water has not changed, the holder quotation began to rise to 12820-12860 yuan / ton, but the transaction heat has dropped, and the trading volume is not as good as the early stage. Downstream normal procurement today, mainly on demand. The overall transaction in East China is OK today.

(Xu Man 021-51595898)

 

Quotation
aluminum ingot
noon news

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn