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Aluminum market summary: the US dollar index continued to fall to boost, the next week Lun aluminum rose 7 US dollars, domestic and foreign inventories both declined, aluminum prices are still supported, but downstream demand is insufficient to limit the rebound range, it is expected that spot aluminum rose
slightly today.
The early stage of the opening of the month was mainly range-bound, and the second trading stage was up
.
In the morning, the trading price of Shanghai and tin was between 13800-13820 yuan / ton, and the monthly discount was 10-liter between 10 yuan / ton, up nearly 80 yuan / ton from last Friday, with the rise of aluminum, the market quotation began to be chaotic, concentrated between 13830-13850 yuan / ton, and the flat water of the month - 10 yuan / ton, up more than 100 yuan
from last Friday 。 The morning market is full of supply, holders actively shipped, driven by the rhythm of large households receiving more than 10,000 tons, the market transaction is active, the intermediary trading is also positive, after 11:00 the spot price rose sharply, the market transaction activity fell significantly, because the month is close to change and the market is expected to be strong in the future, the holder is slightly uppriced, although the receiver is more but more afraid of heights, the buyer and seller transaction at this time is
deadlocked.
Downstream weekend return today is partially replenished, receiving goods is acceptable
.
Today, the overall transaction in East China is better
.
In the early afternoon, aluminum fluctuated upward after a slight bottom in the month, and today's spot trading price of aluminum ingots in Guangdong was concentrated around 13820-13830 yuan / ton in the morning, and the subsequent aluminum price rose, and the spot price rose to around 13840 yuan / ton to trade, and the price difference between Guangdong and Shanghai remained in flat water to 10 yuan / ton
.
Today's futures delivery, traders indirect goods are more active; Downstream processing enterprises are mainly
based on on-demand procurement.
On the whole, the spot circulation of aluminum ingots in South China today is acceptable
.