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Aluminum market summary: the rise of the US dollar pressures metals, overnight Lun aluminum fell 3.
16% to hit a new low in nearly two years; The poor performance of domestic economic data shows that the downward pressure on the economy has increased, and concerns about weak demand have increased, and aluminum is expected to continue to fall
today.
Aluminum futures basically maintained low range fluctuations
before noon that month.
The transaction price in Shanghai is between 13280~13300 yuan / ton, and it is difficult to trade at a low price, and the spot discount continues to narrow, and the discount for the current month is between 20 ~ 10 yuan / ton
.
The transaction price in Wuxi is concentrated in 13280~13300 yuan / ton, and the transaction price in Hangzhou is concentrated between
13300~13310 yuan / ton.
The mainstream transaction price fell by nearly 40 yuan / ton compared with the previous trading day
.
Today, a large middleman continues to receive a large number of goods in East China at a price higher than the market's psychological expectations, receiving more than 6,000 tons in East China alone.
Downstream pick-ups were mediocre and there were no significant highlights
.
Today, the overall transaction in East China is acceptable
.
In the early afternoon aluminum maintained a low range of shock, today's Guangdong market transaction price concentrated in 13380 ~ 13390 yuan / ton, today a large household in South China slightly received, but in East China market received more than 6000 tons, compared to the South China market is calmer, today traders and middlemen trading active, but downstream procurement sentiment has not significantly enhanced, mainly on-demand procurement, today South China overall transaction is flat
.
