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April 8 aluminum market noon comment

 Last Update: 2022-12-15
 Source: Internet
 Author: User

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Aluminum market summary: On Friday, the US non-farm payrolls data performed well to support the rise of the dollar index, and the next week Lun aluminum fell by $26 under pressure, recent domestic and foreign economic data have improved, the market macro atmosphere has warmed, and aluminum is expected to rise
slightly today.

Aluminum City

Aluminum fell back before noon in the month
.
The transaction price in Shanghai is between 13790-13820 yuan / ton, for the flat water ~ liter of 10 yuan / ton in the month, the transaction price in Wuxi is between 13790-13820 yuan / ton, and the transaction price in Hangzhou is between
13820-13840 yuan / ton.
Today's market supply is sufficient, the morning market transaction is acceptable, the transaction price is between 13810 ~ 13820 yuan / ton, with the decline of aluminum future, the transaction price began to concentrate between 13790 ~ 13800 yuan / ton, at this time the shippers shipments weakened, buyers and sellers performed a slight stalemate
.
There were no obvious signs of replenishment after the downstream holiday, and today it was basically purchased
on demand.
The overall transaction in East China is relatively average
.

In the early afternoon, aluminum fluctuated in the month, and the trading price in the Guangdong market today was concentrated at 13800-13810 yuan / ton, and the price difference between Guangdong and Shanghai remained near
Pingshui.
Today's trading atmosphere for traders is general, and the downstream of Guangdong is not as strong as last Thursday
due to pre-holiday stockpiling and purchasing.
Today's spot circulation of aluminum ingots in South China is dominated by traders' trading, and the overall transaction is flat
.

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