April 15 aluminum market afternoon comment

East China Aluminum: Aluminum prices fluctuated upward
before noon.
In the morning, the price of holders in Shanghai Wuxi area was between 11880-11900 yuan / ton, up from yesterday's price by around 90 yuan / ton, and the price of the opposite plate was 20 yuan / ton to flat water, and the quotation of holders in Hangzhou was around
11910-11920 yuan / ton.
Before the afternoon, the cargo holders were very active, and the middlemen were also more active, superimposed on a large household receiving nearly 10,000 tons of goods today, and the trading of buyers and sellers was acceptable
.
The downstream is still mainly on-demand today, and the receipt of goods is flat
.
The overall transaction in East China today is acceptable
.

South China Aluminum: Aluminum opened high and went high, rising
strongly.
In the morning South China spot market is mainly shipped, low-price sources of goods are well traded, large households receive goods in multiple batches, mainstream transactions are concentrated around 11950 yuan / ton, and a small number of high prices are 11960 yuan / ton; After the suspension of trading, the futures volatility was strong, but the traders received goods weakened, the transaction price was in the range of 11940-11960 yuan / ton, and a small number of low prices were 11930 yuan / ton
.
The spot price difference between Guangdong and Shanghai is 40-50 yuan / ton
.
Arrivals continued to be low, and inventories fell by nearly 10,000 tons compared with yesterday; Today's delivery month, the spot pair 05 contract premium is about
50 yuan / ton.