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Brief review of the aluminum market on March 16

 Last Update: 2022-12-09
 Source: Internet
 Author: User

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Today's market aluminum prices have not changed much, the price rebound is weak, and the pressure on aluminum market inventory is still heavy
.
At present, the total amount of national aluminum ingot social inventory has increased to around 2.
36 million tons, Guangdong market inventory has exceeded 420,000 tons, short-term pressure is difficult to dissipate, the market expects aluminum prices to recover with demand, but the range will be relatively limited
.

Aluminum City

Today's South China South China aluminum ingot quotation 13730-13830 yuan, the average price of 13780 yuan, up 20, early market trading active, then futures down, the market wait-and-see mood gradually stronger, trading turned flat, the mainstream transaction price is concentrated between 13760-13790 yuan, compared with the average price of South China - 20 ~ +10 yuan
.

Today's South Reserve East China aluminum ingot quotation is 13720-13760 yuan, the average price is 13740 yuan, up 10; Yangtze River: 13730-13770, 13750 flat
.
Futures are downward, overall trading is active, and market trading is average
.
The transaction price is concentrated at 13730 yuan ~ 13760 yuan, which is a premium of -10 ~ +20 yuan
compared with the average price of South Reserve East China.

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