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[SMM afternoon Review] Huadong Aluminum: the shipments of the consignors have significantly improved compared with the previous period, and the overall transaction in East China is mediocre today.
Jul 27,2020 11:58CST
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Source:SMM
[SMM afternoon Review] Huadong Aluminum: the shipments of the consignors have significantly improved compared with the previous period, and the overall transaction in East China is mediocre today.
The content below was translated by Tencent automatically for reference.

SMM7 March 27:

Aluminum futures fluctuated in the range after the shock uplink before noon. The spot price of aluminum ingots in Shanghai is between 14560-14580 yuan / ton, and the spot price of aluminum ingots in Wuxi is between 14570-14590 yuan / ton. the spot price is 30 yuan / ton higher than last Friday, and the spot water is between 90-110yuan / ton. the rising water is basically the same last week, some imported aluminum ingots are between 14520-14540 yuan / ton, and the prices in Hangzhou are between 14590-14600 yuan / ton. Today, the supply of goods in the market is still loose, and the enthusiasm of shippers is significantly higher than that of the previous two weeks. Middlemen take into account that the rising water has dropped, the receiving of goods is also more active, and the two sides are trading well. On the whole, there are more shippers than receivers. A large family received the goods normally today, and the purchase volume was no more than ten thousand tons. Downstream goods are mainly shipped on demand, and the willingness to replenish the goods is not high. The overall transaction in East China is mediocre today. (Xu Man 021-51595898)

 

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