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[SMM afternoon Review] Huadong Aluminum: mainstream big contribution transaction increment downstream receiving attitude wait and see
May 27,2020 11:48CST
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Source:SMM
[SMM afternoon Review] Huadong Aluminum: mainstream big contribution transaction increment downstream receiving attitude wait and see
The content below was translated by Tencent automatically for reference.

SMM5 March 27:

Early afternoon aluminum concussion upward. In the morning, the spot price in Wuxi area of Shanghai was 13330mur13350 yuan / ton, and the morning transaction was relatively light. As the big families began to announce their purchase plans, the transaction heat gradually rose. After 10:15, the spot price began to concentrate in 13340Muth13360 yuan / ton, rising water in 90muri 110yuan / ton, the price was 20 yuan / ton higher than yesterday, and the spot price in Hangzhou area was 133370Mui 13390 yuan / ton. Before noon, the shippers are more active, some middlemen are willing to receive goods at a low price, and the two sides have a good deal, but there is a slight stalemate in price. On the whole, today's market trading volume is mainly contributed by large traders or large households, downstream receiving attitude is cautious, because it is not optimistic about the future price, today's buying attitude is wait-and-see, just need to pick up the goods. The overall transaction in East China is mediocre today.

(Xu Man 021 muri 51595898)

 

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