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Aluminum market summary: LME aluminum inventory rose to a more than two-year high, overnight Lun aluminum closed down $12, the global aluminum market in the first ten months of short supply, domestic aluminum ingot social inventory continued to deteriorate, today aluminum material rose
.
Aluminum remained high and volatile
before noon of the month.
Shanghai Wuxi market spot quotation in the afternoon between 14370-14390 yuan / ton, up 240 yuan / ton from yesterday, the opposite plate premium 150-160 yuan / ton, Hangzhou spot price between 14370-14390 yuan / ton
.
Today's market circulation supply is tight, the shipment volume of holders has increased under high prices, middlemen are still actively receiving goods, there are more buyers than sellers, the trading between the two sides is acceptable, and a large household has not completed the plan to receive goods today
.
Downstream is mainly on-demand procurement today, because the price increase is too large, and the enthusiasm for receiving goods today is not high
.
East China traded generally
today.
In the early afternoon, aluminum fluctuated slightly upward in the month
.
This morning, the transaction price of the Guangdong market was concentrated at 14370-14380 yuan / ton, with the rise of the market, the superimposed market supply circulation is very tight, the receiver took the initiative to raise the quotation, the highest to 14390 yuan / ton
.
The market shortage situation is obvious, traders around 10 o'clock received goods at 14350 yuan / ton of lifting water, but the transaction was few, stimulating the enthusiasm of the market to receive goods
.
However, today, the downstream is mainly wait-and-see, still purchasing on demand, and has not heard of the large stock preparation behavior
with the increase.
On the whole, today's Guangdong market is still dominated by traders' trading, and spot liquidity has affected the rapid rise in Guangdong this week, and it is necessary to pay close attention to local inventory changes
.