Brief review of the aluminum market on November 20

On Tuesday, the Shanghai aluminum main 2001 contract opened at 13750 yuan / ton in the morning, the opening recorded a doji, at the beginning of the session through the short position reduction, pushed up the aluminum price to 13770 yuan / ton intraday high, and then slightly hovered, due to the upper pressure, some bulls closed in the afternoon, the aluminum price high softened, gradually slipped lower, and finally closed at 13730 yuan / ton, up 40 yuan / ton, up 0.
29%, it is expected that it is difficult to make a significant breakthrough, continue to pay attention to the change of long and short positions and the change in the spread between the 1912 contract
。

Nanchu Foshan aluminum ingot quotation 13860-13920 yuan, the average price of 13890 yuan, up 20 yuan, for the month up 40 yuan, the holder of the shipment is active, traders replenish the market to purchase, downstream demand is general, the overall transaction activity is acceptable
.
The mainstream transaction price is concentrated in the range of 13890-13900 yuan, which is 0~10 yuan
higher than the average price of Nanchu Foshan.

Nanchu Wuxi aluminum ingot quotation 13930-13970 yuan, the average price of 13950 yuan, up 10, to the month premium 100
.
Yangtze River: 13940-13980, 13960 up 30
.
The carrier is actively shipped, the receiver receives the goods stably, and the overall transaction is
acceptable.
The spot transaction price is concentrated in 13950-13960 yuan, which is 0~10 yuan higher than the average price of Nanchu Wuxi
.