April 23 aluminum market noon comment

East China Aluminum: Aluminum range oscillation in
early afternoon.
In the morning, the price of holders in Shanghai Wuxi area was between 12470-12480 yuan / ton, the spot price rose by more than 200 yuan / ton compared with yesterday, the plate premium was concentrated between 40-50 yuan / ton, and the price in Hangzhou today was concentrated between
12480-12500 yuan / ton 。 In the morning, a large household in Shanghai, tin actively carry out procurement plans, traders trading actively, the transaction is better, after 10:30 aluminum prices fall, holders began to quote on the plate, the premium has not changed, the price is concentrated between 12440-12460 yuan / ton, due to the end of the later large household procurement, some traders have changed to wait and see, trading began to show hesitation, the transaction heat fell significantly earlier
.
Downstream on-demand procurement is dominated today, due to the sharp rise in aluminum prices, the enthusiasm for buying goods has been suppressed
to a certain extent.
East China has a better overall transaction today
.

South China Aluminum: Before the afternoon South China spot market inquiry is mainly received, the monthly ticket demand transaction is active, large households have received goods for many times, the mainstream price is 12590-12600 yuan / ton, a small number of high prices are 12610 yuan / ton; After the suspension of trading, futures fell first and then rose, spot quotations were adjusted in a narrow range, and the transaction price was in the range of 12580-12600 yuan / ton
.
The spot price difference between Guangdong and Shanghai widened to 100-120 yuan / ton
.
Downstream demand is stable, the average daily shipment of more than 10,000 arrivals is sluggish, the circulation source is tight, the difference between Shanghai aluminum 05/06 months narrows to 60-80 yuan / ton, the spot pair 05 contract premium rises to 140-160 yuan / ton, and the basis maintains an upward trend
.