[SMM afternoon Review] East China Aluminum: downstream normal replenishment the overall transaction in East China is mediocre

Published: May 25, 2020 11:52

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SMM5 March 25:

Aluminum fluctuates and floats in the early afternoon. The spot transaction price in Wuxi area of Shanghai is between 13250 and 13270 yuan / ton, the price is 130 yuan / ton higher than yesterday, the rising water is between 90muri and 110 yuan / ton, and the price in Hangzhou area is between 13,270 and 13290 yuan / ton. Today, a large family carries out a normal procurement plan, and the shippers are more active. Because of the need to hand in long orders and normal resale trade demand, some middlemen can pick up the goods, and the trading between the two sides is more active. The market transaction atmosphere dropped after 11: 00, and the number of shippers increased significantly. The downstream is normally replenished today, and the willingness to receive the goods is general. The overall transaction in East China is mediocre today.

(Xu Man 021 muri 51595898)

Quotation aluminum ingot noon news

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