April 17 aluminum market noon comment

Aluminum maintained range-bound volatility before noon, slowly rising
.
The transaction price in Shanghai began to be concentrated between 13950-13970 yuan / ton, and the monthly discount was 20 yuan / ton ~ flat water, an increase of nearly 130 yuan / ton from yesterday, the transaction price in Wuxi was between 13950-13970 yuan / ton, and the transaction price in Hangzhou was between
13970-13990 yuan / ton.
Today's market supply is more sufficient, in the morning due to the slow rise of aluminum, traders indirect goods, but the holders are slightly reluctant to sell, 11:00 late aluminum maintained a stable high, the market shipments gradually increased, overall traders and middlemen trading is very enthusiastic
.
Due to the sharp rise in prices, downstream fear of heights emerged, and the performance was wait-and-see, basically based on on-demand procurement
.
The overall transaction in East China today is good
.

In the early afternoon, aluminum continued to rise in the night market after a slight correction, and today's Guangdong market transaction price is concentrated at 13950-13960 yuan / ton, and the Guangdong-Shanghai price difference remains near
Pingshui.
Today's trading atmosphere for traders in Guangdong has become lighter than yesterday; As the spot price rose by about 130 yuan / ton from Tuesday, Guangdong downstream processing enterprises were afraid of heights and wait-and-see mood again, and the intensity of receiving goods decreased
.
Today's spot circulation of aluminum ingots in South China is dominated by traders' trading, and the overall situation is not as good as yesterday, and the transaction is flat
.