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Aluminum market summary: Alcoa expects the aluminum supply gap to expand this year to boost the aluminum market, and London aluminum rose $10 overnight; At present, the inventory in various places is sufficient, but the downstream consumption is less than expected, and the lack of upward momentum is expected to show that aluminum will not rise or fall much
.
In the early afternoon, aluminum continued its overnight rally, continuing to rise in volatility, and today's Guangdong market transaction price was concentrated at 13380-13400 yuan / ton, and the Shanghai-Guangdong price spread narrowed to around
10 yuan / ton.
Chalco received a small amount of goods this morning, and the purchase volume was not as good as in previous days
.
Today's market transactions are still flat, dominated by middleman transactions
.
Due to the approaching weekend, the enthusiasm of downstream stocking has increased slightly, but downstream enterprises have recently begun to take holidays one after another, so the overall downstream receipt is still not much, and on the whole, today's South China transaction is still flat
.
Aluminum opened the month with a volatile climb
.
The mainstream transaction price in Shanghai was traded between 13340~13360 yuan / ton, and the discount for the current month was between 60~40 yuan / ton
.
The transaction price of Wuxi is concentrated in 13340~13360 yuan / ton, and the transaction price in Hangzhou is concentrated in
13350~13370 yuan / ton.
The mainstream trading price increased by more than 40 yuan / ton compared with the previous trading day, and the spot trading price this week has risen for three consecutive days
.
Today's aluminum prices rose, a large household in East China received a sharp decrease, holders shipments are more active, intermediaries and traders trading is still active, because near the weekend downstream has a certain stock performance, but due to the continuous rise in prices, the price recognition declined, procurement enthusiasm is not obvious
.
Today, the overall transaction in East China is better
.
