December 11 aluminum market noon comment

Aluminum maintained range-bound
volatility until noon of the month.
The spot quotation in Shanghai and Wuxi markets is concentrated between 14120-14140 yuan / ton, and the opposite plate premium is between 30-50 yuan / ton, which is up from yesterday by 30 yuan / ton, and the spot price transaction in Hangzhou before noon is concentrated between 14130-14150 yuan / ton
.
Today's aluminum prices continue to rise, the morning holders actively shipped, the middlemen received goods more actively, the two sides traded actively, after 10:30 spot transaction heat fell back, the enthusiasm of the holders to ship has not decreased, but the middleman at this time it is difficult to recognize the price, the transaction between the two sides began to show a stalemate
.
Downstream manufacturers are mainly purchasing on demand today, and they are more wait-and-see about high prices, and their initiative to buy goods is not high
.
East China's overall transaction today is average
.

Aluminum in the early afternoon was sideways in the month
.
The market transaction price this morning was concentrated at 14090-14110 yuan / ton, and the Guangdong-Shanghai price spread fell to around
30 yuan / ton.
Today's traders' outbound quotations are slightly deadlocked, and downstream pick-ups are acceptable, and there are no bright spots
.
On the whole, today's aluminum ingot circulation in South China is dominated by traders' trading, and the transaction activity is not as active as yesterday
.