[SMMmiddayreview]EastChinaAluminum:thereturnofspot transactionsatthebeginningoftheweekisslightlylighter andthewillingnesstoreceivegoodsdownstreamisnot strong.

Aluminumintheopeningofthemonthtoleak,beforenoontomaintaintheintervalshock.

ThespotquotationinShanghaiWuximarketisbetween14430-14440yuan/ton,whichis

about10yuan/tonlowerthanthatonFriday,and150-160yuan/ton,whilethespotprice

inHangzhouis14430-14450yuan/ton.Today,alargecustomerstilldidnotannounce

theprocurementplan,theshipperismoreactive,themiddlemancanreceivethegoods,

buttheenthusiasmofthetwosidesissignificantlylowerthanlastFriday,thetwosides

areslightlydeadlocked,theholderismoreexpensive,andthemiddlemantendstoreceive

thegoodsatalowerprice.Downstreamtodayon-demandprocurement,buyingisnothigh.

EastChinaasawholeclosedtodayingeneral,worsethanlastMonday.

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