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A brief review of the aluminum market on September 6

 Last Update: 2022-12-12
 Source: Internet
 Author: User

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Today's aluminum price trend is tangled, the macro 200 billion tariff is undecided, Shanghai aluminum narrow range volatility, the main 1810 contract closed down 0.
14% to 14625, down 20 from the previous trading day; The market is waiting for the result of tariffs, trading is cautious, it is expected that the possibility of tax increases is greater, and aluminum prices are difficult to change the weak situation, but the cost support, the expected decline is limited, wait and see
.

Shanghai aluminum

Today's South China South China aluminum ingot quotation of 14670-14770 yuan, the average price is 14720 yuan, up 40 yuan, the market bullish atmosphere is strong, downstream and middlemen actively receive goods, holders maintain high premium shipments, the overall transaction activity of the market is high
.
The mainstream transaction price is concentrated between 14720-14740 yuan, which is 0~20 yuan
higher than the average price of South China Reserve.

Today's Nanchu East China aluminum ingot quotation is 14570-14610 yuan, the average price is 14590 yuan, up 20
.
Yangtze River: 14580-14620, 14600 up 10
.
Futures prices first fell and then rose, traders were active in receiving goods, spot trading prices were stable, and overall trading was
acceptable.
The transaction price is 14590 yuan ~ 14600 yuan, which is 0 ~ 10 yuan
higher than the average price of South Reserve East China.

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