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[SMM afternoon Review] Huadong Aluminum: the trading heat of the market is not as hot as yesterday.
May 20,2020 12:06CST
translation
Source:SMM
[SMM afternoon Review] Huadong Aluminum: the trading heat of the market is not as hot as yesterday.
The content below was translated by Tencent automatically for reference.

SMM5 March 20:

The aluminum concussion in the early afternoon maintained the interval concussion after the upstream. In the morning, some spot quotations in Wuxi area of Shanghai were between 13470 and 13490 yuan / ton. buyers and sellers were cautious in their inquiry and counter-offer in the morning, and the actual transaction was not much. a large family carried out a procurement plan in the morning and announced that the purchase volume in East China was less than 10,000 tons. with the end of its procurement, the price quoted by the holder fell, and began to focus on 13440, 13460 yuan / ton, and some brands even reported around 13430 yuan / ton. As a whole, the overall concentration of rising water on the opposite side is between 190 and 230 yuan per ton, and the spot rising water has dropped somewhat before noon, and the trading situation of traders before noon is not as good as that of yesterday. Downstream today, mainly on-demand procurement, as aluminum prices remain high, the willingness to receive goods has been curbed. The overall transaction in East China is OK today.

(Xu Man 021 muri 51595898)

 

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