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December 19 aluminum market noon comment

 Last Update: 2022-12-17
 Source: Internet
 Author: User

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Aluminum market summary: trade relations eased to boost demand optimism, overnight Lun aluminum closed up $18, the recent northern snow weather or affect transportation, automobiles and other terminal consumption is gradually stabilizing, today aluminum continues to rise
.

Aluminum City

Aluminum futures maintained high volatility before noon of the month, and fell slightly in the second trading stage
.
In the morning, the spot quotation in Shanghai Wuxi market was between 14460-14480 yuan / ton, after 10:30 aluminum slightly floated, the quotation of the two places began to concentrate between 14430-14450 yuan / ton, compared with yesterday's price increase of 60 yuan / ton around, the opposite plate premium 170-190 yuan / ton, Hangzhou spot price between 14440-14460 yuan / ton
.
Today's spot absolute price continues to rise, a large market owner did not announce a procurement plan today, the shippers increased shipments at high prices, middlemen are still actively receiving goods, and the two sides are trading generally
.
The downstream is still purchasing on demand today, the buying interest is not high, it is difficult to recognize the price, and the fear of heights is obvious
.
East China's overall transaction today was flat
.

Aluminum fell slightly in the early afternoon
.
Today, the transaction price in the Guangdong market was concentrated at 14490-14500 yuan / ton 10 and a half ago, and then because the premium was too high and the large households did not receive goods in the market today, the market receiving sentiment turned weaker, and the actual transaction price also fell to around
14460-14480 yuan / ton.
Today's market prices are still dominated by traders, and downstream performance is relatively flat
.

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