[SMM afternoon Review] East China Aluminum: the willingness to receive goods downstream near the weekend has been improved. East China has made a good deal today.

Published: Jul 3, 2020 13:03

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SMM7, March 3:

Aluminum high concussion before noon. The spot price in Shanghai is between 14390 and 14410 yuan / ton, while the price in Wuxi is between 14410 and 14430 yuan / ton, which is basically the same as yesterday's price. The rising discount is between 120 and 140 yuan / ton. Today, a large family receives the goods normally, the quotation is reasonable, the shippers are active, the middlemen are slightly less willing to receive the goods, the goods in Shanghai are not as popular as the tin-free goods, and the trading between the two sides is general. Due to the demand for inventory downstream near the weekend, the enthusiasm of receiving goods today is significantly higher than that of the previous two days, but due to the high spot price, the purchase volume is still lower than expected. On the whole, the deal in East China is OK today.

(Xu Man 021 muri 51595898)

Quotation aluminum ingot noon news

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