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Aluminum market summary: non-farm payrolls data less than expected to trigger investors to worry about its recession, the next week Lun aluminum fell $8, domestic bauxite consumption in August decreased by 3.
0% month-on-month, indicating poor demand, is expected to fall today
.
Aluminum oscillated downward
in early afternoon.
Today's Guangdong market transaction price is concentrated at 14400-14420 yuan / ton, and the price difference between Guangdong and Shanghai remains around
30 yuan / ton.
Today, the transaction between buyers and sellers is relatively deadlocked, and the willingness of holders to hold prices is strong, but middlemen and downstream enterprises have a wait-and-see attitude towards price declines, and the willingness to receive goods is not strong
.
On the whole, today's aluminum ingot trading in the South China market is dominated by traders, and the transaction is relatively general
.
Aluminum futures maintained range fluctuations in a narrow range until noon of the month
.
The transaction price of Shanghai Wuxi market is between 14370-14390 yuan / ton, the opposite plate premium is 30-40 yuan / ton, the spot price is nearly 40 yuan / ton from last Friday, and the spot price in Hangzhou is between
14390-14410 yuan / ton today.
Today, a large household received nearly 20,000 tons of goods in the East China market, and the receipt exceeded expectations, because the price was suitable, the cargo carrier was very active, the middleman was willing to receive the goods, the two sides traded actively, and the transaction heat fell after 11:00
.
Downstream manufacturers can receive goods today, because aluminum prices have fallen from last Friday and there is a demand for replenishment, and procurement is more active
.
East China has a better overall transaction today
.