Brief review of the aluminum market on August 15

In the early afternoon, aluminum first fell and then rose, in the morning there were traders in Guangdong to receive goods at a price of 14180-14190 yuan / ton, and the price of aluminum turned around at 11 o'clock to rise, and the spot price rose to 14220-14240 yuan / ton, because of the close delivery, Guangdong shipments to the plate are mostly quoted in 1909 contract flat water
.
Absolute prices continue to rise, middlemen and downstream processing enterprises are afraid of heights, receiving goods more cautiously, on the whole, today's aluminum ingot trading in South China is general
.

The performance of aluminum in the early part of the month was range-bound, and the second trading stage quickly rose
.
In the early stage, the transaction price of Shanghai Wuxi market was between 14180-14190 yuan / ton, and the flat water to the premium of the opposite plate was 20 yuan / ton, which was about 20 yuan / ton higher than the previous day, and the spot price in Hangzhou was around
14190-14200 yuan / ton 。 In the morning, the transaction between Shanghai and tin is poor, the willingness of middlemen to receive goods is not strong, although the holders actively ship but few receivers, in the later period with the rise in aluminum prices, the market is generally strong on the futures aluminum, coupled with a large household began to actively purchase, and the bid is better, the market transaction heat gradually rising, the market transaction price began to concentrate between 14210-14230 yuan / ton, the flat water on the plate to liter around 20 yuan / ton, the holder shipment is very active, the middleman began to receive the goods, buyers and sellers traded actively, Some traders are even beginning to show a willingness to
sell and stock up.
However, the downstream performance is still light today, there is no significant procurement, and the fear of heights is obvious
.
Today, the overall transaction in East China is acceptable
.