February 27 aluminum market afternoon comment

East China Aluminum: Aluminum shock fell
back in early afternoon.
Shanghai Wuxi and Hangzhou market spot trading price concentrated between 13350-13370 yuan / ton, down nearly 70 yuan / ton from yesterday, the morning market premium concentrated in the discount 80-70 yuan / ton, with the decline of aluminum, the market transaction did not show improvement, after 10:30 the premium is concentrated in the discount of 50-40 yuan / ton
.
Today, a large household has not announced a procurement plan for two consecutive days, lacking this part of participation, the market spot is relatively oversupplied, and in the case of some traders having cash demand, the transaction shows a situation of more and less, and the actual transaction is poor
.
A small amount of stock downstream today is not obvious
.
East China has a poor overall transaction today
.

South China Aluminum: Aluminum broke a new low
in the early afternoon.
In the morning, a small number of transactions were made around the next monthly ticket of 13360 yuan / ton, traders did not receive many goods, large households continued to not receive goods, and the subsequent transaction price fell to 13340-13350 yuan / ton; After the end of the suspension, the futures decline did not change, the holder's quotation continued to decline, the mainstream quotation of the market was 13320-13330 yuan / ton, some cheap sources traded at a low price to 13300-13310 yuan / ton, and the inversion range of the spot trading spread between Guangdong and Shanghai expanded to -30~-10 yuan / ton
.
Today's market supply is still abundant, downstream procurement is not much, traders receive some goods at low prices, and the overall transaction is not as good as yesterday
.